Savings Mobilized by NSS records net outflow of Rs28bn in October

News Image

MG News | December 27, 2023 at 12:23 PM GMT+05:00

0:00

December 27, 2023 (MLN): The net payments of Savings Mobilized by National Savings Schemes (NSS) stood at Rs28.09 billion in October as compared to payments of Rs12.33bn 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Saving Certificates (DSC) experienced a net outflow of Rs8.12bn in October 2023, indicating that more funds were withdrawn from DSCs than invested during this month.

Similarly, the Regular Income Certificates (RIC) recorded an outflow of Rs13.77bn, and Rs910.85m was withdrawn or redeemed from the Special Savings Certificates (SSC).

Similarly, Rs244.87m was redeemed from Prize Bonds.

Moreover, other savings categories within NSS recorded payments totaling Rs5.05bn.

To note, in the fiscal year 2023, the net outflows from Savings Mobilized by NSS stood at Rs381.87bn, reflecting a consistent trend of net payments from these savings schemes during the year.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 139,207.29
190.96M
0.37%
514.62
ALLSHR 86,176.93
633.30M
0.45%
382.41
KSE30 42,602.85
57.43M
0.44%
187.98
KMI30 196,319.50
101.82M
0.67%
1305.65
KMIALLSHR 56,861.96
298.63M
0.47%
267.27
BKTi 38,060.31
12.30M
0.37%
140.31
OGTi 27,803.49
5.74M
0.12%
34.24
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,295.00 119,880.00
115,675.00
-1815.00
-1.51%
BRENT CRUDE 68.39 69.86
68.31
-0.79
-1.14%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 65.07 66.74
65.00
-0.96
-1.45%
SUGAR #11 WORLD 16.28 16.64
16.23
-0.29
-1.75%

Chart of the Day


Latest News
July 25, 2025 at 08:46 PM GMT+05:00

Govt advances reform agenda


July 25, 2025 at 07:32 PM GMT+05:00

SBP to announce Monetary Policy decision on July 30


July 25, 2025 at 05:24 PM GMT+05:00

SECP recovers Rs26m in Penalties


July 25, 2025 at 05:11 PM GMT+05:00

PSX Closing Bell: "Higher Ground"



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg