National Savings Schemes see Rs13.9bn inflow in Oct

MG News | December 04, 2024 at 06:56 PM GMT+05:00

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December 04, 2024 (MLN): The net receipts of Savings Mobilized by National Savings Schemes (NSS) stood at Rs13.85 billion in October as compared to receipts of Rs13.78bn in the previous month, the latest data issued by the State Bank of Pakistan (SBP) showed today.

Breaking down the figures, the Defence Saving Certificates (DSC) experienced a net outflow of Rs1.23bn in October 2024, indicating that more funds were withdrawn from DSCs than invested during this month.

Meanwhile, the Regular Income Certificates (RIC) recorded an inflow of Rs1.03bn, and Rs365.71m was injected into the Special Savings Certificates (SSC).

Similarly, Rs1.5bn was injected into Prize Bonds.

Moreover, other savings categories within NSS recorded receipts totaling Rs12.19bn. It rose substantially as compared to Rs10.53bn in the previous month.

In the ongoing fiscal year 2025 (4MFY25), the net inflows from Savings Mobilized by NSS stand at Rs51.86bn.

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