CDNS attains Rs 400 billion targets in fresh bond

ISLAMABAD, Oct 2 (APP): The Central Directorate of National Savings (CDNS) has accomplished a target of Rs 400 billion in fresh bonds in the current fiscal year, from July 1 to 30th September. The CDNS surpassed the annual target and achieved the target of Rs 1.6 trillion in fresh bonds in the current fiscal year,… Continue reading CDNS attains Rs 400 billion targets in fresh bond

CDNS to launch four Shariah compliant product from July 1st

ISLAMABAD, Jun 26 (APP): Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Monday reiterated firm resolve of the government to implement Shariah Compliant financial system to promote and encourage interest-free Islamic banking and finance in the country. Addressing the launching ceremony of the Shariah Compliant products by the Central Directorate of National Saving… Continue reading CDNS to launch four Shariah compliant product from July 1st

CDNS attain Rs 760 bn through fresh bonds by January 25

ISLAMABAD, Jan 30 (APP): The Central Directorate of National Savings (CDNS) on Monday realized the target of issuing Rs 760 billion in fresh bonds in the current fiscal year 2022-23 from July 1 to January 25, 2023. The CDNS has set a reviewed saving target of Rs 1.3 trillion for the current financial year (2022-23)… Continue reading CDNS attain Rs 760 bn through fresh bonds by January 25

CDNS achieve Rs 740bn through fresh bonds by January 8

ISLAMABAD, Jan 10 (APP): The Central Directorate of National Savings (CDNS) on Tuesday achieved the target of issuing Rs 740 billion in fresh bonds in the current fiscal year 2022-23 from July 01 to January 8, 2023. The CDNS has set a reviewed saving target of Rs 1.3 trillion for the current financial year (2022-23)… Continue reading CDNS achieve Rs 740bn through fresh bonds by January 8

President declares CDNS’ retrospective downward profit revision rate to a complainant ‘as maladministration’

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ISLAMABAD, Sep 18 (APP: While accepting a representation of an aggrieved citizen against a decision of the Wafaqi Mohtasib, President Dr Arif Alvi has directed the Central Directorate of National Savings (CDNS) to pay profit on the Special Saving Certificates (SSCs) as per the profit rate prevailing at the time of purchasing the certificates. He… Continue reading President declares CDNS’ retrospective downward profit revision rate to a complainant ‘as maladministration’

CDNS, CDC join hands for the issuance of digital Savings Certificates

ISLAMABAD, Aug 12 (APP): Central Directorate of National Savings (CDNS) and Central Depository Company of Pakistan Limited (CDC) Friday signed a Memorandum of Understanding for mutually collaborating to convert and issue National Savings Certificates (NSCs) in digital form to reduce physical process flows of different transactions and develop a systematic framework through which NSCs can… Continue reading CDNS, CDC join hands for the issuance of digital Savings Certificates

CDNS to provide Islamic investment opportunities, through Islamic finance

ISLAMABAD, Apr 4 (APP):The Central Directorate of National Savings (CDNS) has decided to start Islamic finance and will start implementing its procedural work from next month to provide the facility of Islamic finance in the institution. In this regard, under Islamic Sharia Compliance, Prize Bonds and Savings Certificates will be issued for investment in accordance… Continue reading CDNS to provide Islamic investment opportunities, through Islamic finance

National Savings collects Rs 735 billion fresh deposits by March 10

ISLAMABAD, Mar 12 (APP): The Central Directorate of National Savings (CDNS) on Sunday collected Rs 735 billion fresh deposits in the last seven months of current fiscal year 2021-22 from July 1st to March 10th. The CDNS has set an annual gross receipt target of Rs 980 billion from July 1 to June 30 of… Continue reading National Savings collects Rs 735 billion fresh deposits by March 10

CDNS collect Rs720 billion fresh deposits by February 28

ISLAMABAD, Mar 1 (APP):The Central Directorate of National Savings (CDNS) on Tuesday obtained Rs720 billion fresh deposits in the last seven months of current fiscal year 2021-22 from July1st to February 28th. The CDNS has set an annual gross receipt target of Rs 980 billion from July 1 to June 30 of the previous fiscal… Continue reading CDNS collect Rs720 billion fresh deposits by February 28

PM for protecting youth from exposure to unethical online content

ISLAMABAD, Oct 21 (APP): Prime Minister Imran Khan Thursday said that in this era of modern technology, it was inevitable to protect the country’s youth especially the kids from being exposed to immoral and unethical content available online. The prime minister, while chairing a meeting on blocking pornographic websites in the country, said character building… Continue reading PM for protecting youth from exposure to unethical online content

CDNS obtains free deposit of Rs670 bln in last 3 quarters

ISLAMABAD, Apr 27 (APP): The Central Directorate of National Savings (CDNS) has received a free deposit of Rs670 billion in the last three quarters from July 1, to April 25, in the current fiscal year 2020-21. The CDNS has set Rs249 billion annual collection target collection from July 1 to June 30 for the year… Continue reading CDNS obtains free deposit of Rs670 bln in last 3 quarters

CDNS achieves Rs 43 bn from new schemes by April 20

ISLAMABAD, Apr 24 (APP): Central Directorate of National Savings (CDNS) has received an increased investment of Rs 43 billion by April 20 of this Fiscal Years 2020-21 from the registered Premium Prize Bond of Rs 40,000 and Rs 25000 newly introduced by the institution. In the last one and a half years, investors have withdrawn… Continue reading CDNS achieves Rs 43 bn from new schemes by April 20

CDNS receives Rs 660 billion free deposits by March 28

ISLAMABAD, Mar 30 (APP):The Central Directorate of National Savings (CDNS) has reached to the free deposit of Rs 660 billion in last three quarters from July 1 to March 28 in the current Fiscal Year (FY) 2020-21. The CDNS has set Rs 249 billion annual collection target collection from July 1 to June 30 for… Continue reading CDNS receives Rs 660 billion free deposits by March 28

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