CDNS achieves Rs 42b net target in last six months

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Staff Reporter

Islamabad

The Central Directorate of National Savings (CDNS) has achieved a collective net target of Rs 42 billion in the last six months by July 1st to December 31 of current fiscal year 2020-21.
The Central Directorate of National Savings (SDNS) has compensated an amount of Rs 316 billion to their investors after the termination of major prize bonds of Rs 40,000 and recent cancellation of prize bonds of amount Rs 25000 from July 2019 to December, 15 of this year, senior official of CDNS told media here on Friday.
Replying to a question, he said that the federal government has recently suspended the prize bonds of Rs25,000 and has given a six-month deadline to investors to en cash their savings of Rs164 billion.