Investment in national saving schemes up by 172pc

ISLAMABAD: During the first four months of current fiscal year, investment in national saving schemes has been increased up to 172 percent.

Overall investment during this period remained Rs 88.51 billion. A local news channel while quoting BMA Capital reported that in October, Rs 25.60 billion invested in national saving schemes while this volume remained Rs 6.89 billion during September.

NSS is an important source to provide liquidity to banks. Due to which capital becomes easily available to banks to provide loans. The government has fixed the target of Rs 240 billion investment in saving schemes.