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CDNS receives Rs971 billion fresh deposits in FY21


CDNS receives Rs971 billion fresh deposits in FY21
July 24, 2021
ISLAMABAD: The Central Directorate of National Savings (CDNS) has received a fresh deposit of Rs971 billion during the last fiscal year 2020-21, against its set collection target of Rs250 billion for the period, a senior official of the CDNS told APP on Friday.
The CDNS sets an annual collection target to enhance savings and promote saving culture in the country. The CDNS had set Rs352 billion annual collection target for the year 2019-20 as compared to Rs350 billion for the previous year, 2018-19, he said.
The directorate received an increased investment of Rs70 billion by June 30 of this fiscal for new registered Premium Prize Bonds of Rs40,000 and Rs25,000. However, in FY2021, investors withdrew Rs881 billion after the suspension of the said bond. ....

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CDNS obtains fresh deposit of Rs700 billion in last 11 months


Daily Times
June 7, 2021
The Central Directorate of National Savings (CDNS) has received a fresh deposit of Rs700 billion in the last 11 months from July 1 to May 31, in the current fiscal year 2020-21.
The CDNS has set Rs 249 billion annual collection target from July 1 to June 30 for the year 2020-21 as compared to Rs352 billion for the previous year’s 2019-20 to enhance savings and promote saving culture in the country, a senior official of CDNS told APP here.
The CDNS had set Rs352 billion annual collection target for the year 2019-20 as compared to Rs350 billion for the previous year’s 2018-19, he said. ....

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CDNS obtains fresh deposit of Rs700 bln in last 11 months


Daily Times
June 6, 2021
ISLAMABAD: The Central Directorate of National Savings (CDNS) has received a fresh deposit of Rs700 billion in the last 11 months from July 1 to May 31, 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 2020-21 as compared to Rs352 billion for the previous year’s 2019-20 to enhance savings and promote saving culture in the country, a senior official of CDNS told APP here. The CDNS had set Rs352 billion annual collection target for the year 2019-20 as compared to Rs350 billion for the previous year’s 2018-19, he said. He has received an increased investment of Rs 50 billion by May 31 of this fiscal year’s 2020-21 from the new registered Premium Prize Bond of Rs 40,000 and Rs25000 newly introduced by the institution. In the last one and a half years, investors have withdrawn Rs 412 billion after the suspension of the said bond. ....

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