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April 8, 2015

Pakistan National Saving Schemes rates at 10-year low

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Small savers, who put their money in the National Savings Schemes, have reason to sulk as the rate of returns on NSS has plunged to a 10-year low.

Following the recent cut in policy rate by 50 basis points, the rates that were already on the slide stood further trimmed by 48 to 72bps across all products—Short Term Saving Certificates (STSC) and Regulator Income Certificates (RICs).Read More »Pakistan National Saving Schemes rates at 10-year low