National Savings Schemes see Rs14.5bn inflow in Nov

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MG News | January 06, 2025 at 08:14 PM GMT+05:00

January 06, 2025 (MLN): The net receipts of Savings Mobilized by National Savings Schemes (NSS) stood at Rs14.5 billion in November as compared to receipts of Rs13.85bn 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(DSC) experienced a net inflow of Rs83m in November 2024, indicating that more funds were injected into DSCs than withdrawn during this month.

Similarly, the Regular Income Certificates (RIC) recorded an inflow of Rs3.49bn, and Rs733.32m was injected into the Special Savings Certificates (SSC).

Similarly, Rs1.47bn was injected into Prize Bonds.

Moreover, other savings categories within NSS recorded receipts totaling Rs8.73bn. However, it declined substantially as compared to Rs12.19bn in the previous month.

To note, in 5MFY25, the net inflows from Savings Mobilized by NSS stood at Rs66.36bn. 

Copyright Mettis Link News

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