{"id":75174,"date":"2025-05-22T12:40:26","date_gmt":"2025-05-22T07:40:26","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=75174"},"modified":"2025-05-22T12:42:10","modified_gmt":"2025-05-22T07:42:10","slug":"cdna-cuts-profit-rates-on-saving-schemes-amid-falling-inflation","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/cdna-cuts-profit-rates-on-saving-schemes-amid-falling-inflation\/","title":{"rendered":"CDNA cuts profit rates on saving schemes amid falling inflation"},"content":{"rendered":"

KARACHI: The Central Directorate of National Savings (CDNS)<\/a> has reduced profit rates on several government-backed savings schemes following a drop in the State Bank’s key interest rates and a sharp fall in inflation.<\/p>\n

The biggest cut was seen in the Basic savings account<\/a>, with the rate slashed by 100 basis points to 9.5%. 30 basis points reduced the special saving certificates rate to 10.9%, while the Defense Savings Certificate dropped by 21 basis points to 11.91%.<\/p>\n

Regular income certificates now offer 11.52% after an 18-point basis cut. Similarly, the Pensioners Benefit account and Behbood Saving Certificate, both aimed at senior citizens, now yield 13.44% after a 24 basis point reduction. The same rates apply to the Shuada Family Welfare account, reserved for families of martyrs.<\/p>\n

Islamic savings products also saw cuts. The Sarwa Islamic Term Account and Sarwa Islamic Saving Account now offer 10.34%, down by 10 basis points.<\/p>\n

These changes follow the State Bank of Pakistan’s decision to lower the policy rate by 100 basis points to 11% earlier this month.<\/p>\n

The Cut was made due to a better inflation outlook and concern about external economic pressures.<\/p>\n

Inflation in April 2025 fell sharply to 0.3% year on year, the lowest in Pakistan’s history, compared to 17.3% a year earlier. Monthly inflation also dropped to 0.8%, reversing a 0.9% rise in March, largely due to falling food and energy prices.<\/p>\n

CDNS manages over Rs 3.4 trillion in assets and serves more than 4 million customers nationwide through a nationwide network of 376 branches across the country, administered by 12 Regional Directorates.<\/p>\n

It plays a vital role in helping the government finance its budgetary deficits and support key infrastructure projects.<\/p>\n

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KARACHI: The Central Directorate of National Savings (CDNS) has reduced profit rates on several government-backed savings schemes following a drop in the State Bank’s key interest rates and a sharp fall in inflation. The biggest cut was seen in the Basic savings account, with the rate slashed by 100 basis points to 9.5%. 30 basis […]<\/p>\n","protected":false},"author":14,"featured_media":75176,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[28917,12217],"class_list":["post-75174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-cdna","tag-profit-rates"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/75174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=75174"}],"version-history":[{"count":3,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/75174\/revisions"}],"predecessor-version":[{"id":75179,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/75174\/revisions\/75179"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/75176"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=75174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=75174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=75174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}