{"id":394754,"date":"2024-03-19T06:03:02","date_gmt":"2024-03-19T01:03:02","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=394754"},"modified":"2024-03-19T06:03:14","modified_gmt":"2024-03-19T01:03:14","slug":"cdns-achieve-rs-1050-billion-targets-in-fresh-bond","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/cdns-achieve-rs-1050-billion-targets-in-fresh-bond\/","title":{"rendered":"CDNS achieve Rs 1050 billion targets in fresh bond"},"content":{"rendered":"<p>ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved a target of Rs 1050 billion in fresh bonds in the current fiscal year, from July 1 to March, 15. The CDNS surpassed the annual target and achieved the target of Rs 1.6 trillion in fresh bonds in the current fiscal year, the senior official of CDNS told media here on Monday. He said this was an Rs 200 billion additional annual target than the target of Rs 1300 billion for the previous financial year 2021-22. \u201cThe CDNS has set a reviewed saving target of Rs 1.4 trillion for the current financial year (2021-22) which will promote savings culture in the country,\u201d he said. Given the current market trend in the country, the ambitious target had been set to improve the savings culture further, he added. The official said that work was being done on institutional reforms in CDNS and new reforms and innovations were being introduced. \u201cAt this time Automated Teller Machine (ATM) has also been introduced in CDNS which will provide enough facilities to the users,\u201d he added. Replying to a question, he said the CDNS had collected an investment of Rs 60 billion by March 15th, 2023-24, through Islamic investment bonds. The official added that the directorate had set a target of Rs 75 billion for the new financial year 2023-24 for Islamic finance bonds. Replying to a question; he said the CDNS aimed to introduce new dimensions in the Islamic finance sector. \u201cIslamic finance has a very important role in the global financial sector at this time, and a large part of the economy of many major countries currently includes Islamic finance,\u201d he added. DNA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved a target of Rs 1050 billion in fresh bonds in the current fiscal year, from July 1 to March, 15. The CDNS surpassed the annual target and achieved the target of Rs 1.6 trillion in fresh bonds in the current fiscal year, the senior official [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-394754","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-peshawar"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CDNS achieve Rs 1050 billion targets in fresh bond<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/cdns-achieve-rs-1050-billion-targets-in-fresh-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDNS achieve Rs 1050 billion targets in fresh bond\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved a target of Rs 1050 billion in fresh bonds in the current fiscal year, from July 1 to March, 15. 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