The govt has increased benefits on the Qaumi Bachat Scheme and other National Savings Schemes. Financial experts noted enhancements in benefits for several savings schemes. Interest rates on Short Term Saving Certificates (STSC) have seen a slight reduction. In a recent announcement, the government unveiled substantial improvements in the benefits offered across various national savings … Read more
The government of Pakistan has increased the profit rates on its National Saving Scheme (NSS) bringing by 8.04%. According to the details, the government has previously slashed three times the profit rate. In June it fell 200 basis points. NSS is the largest investment and financial institution in Pakistan and these rate lifts would benefit … Read more
The government has restricted institutional investments in national savings schemes (NSS) in order to redirect investments to other parts of the financial sector. Government has issued the notice in which it said that institutional investors can no longer invest in the National Saving Scheme (NSS) on the recommendation of State Bank of Pakistan (SBP) from … Read more
