Tax return not mandatory for NSC of up to Tk 10 lakh
The government has announced that individuals could purchase 鈥楽avings Certificates鈥� up to Tk 10 lakh without showing income tax return submission documents...
Tags : savings
TARA Homemakers Savings Account launched
BRAC Bank has introduced 鈥楾ARA Homemakers Savings Account,鈥� a dedicated banking product designed exclusively for women outside the formal workforce, said a press release...
Net NSC sales drop further in July-May
Net sales of National Savings Certificates continued to decline in the first 11 months of the current fiscal year, driven by prolonged inflation, shifting investor preferences, and a change in government borrowing priorities...
Govt cuts NSC interest rates
The government has slashed profit rates on all types of national savings certificates for the next six months, effective from Tuesday, July 1...
Net NSC sales plunge in July-April
The net sales of National Savings Certificates continued to decline in the first 10 months of the current financial year due mainly to the impact of prolonged inflation, changing investor behaviour, and shifting government priorities....
AIB launches 3 Islamic deposit products
Al-Arafah Islami Bank on Tuesday launched three new deposit products, namely Al-Wadiah Current Plus Account, Mudaraba Savings Plus Deposit and Mudaraba Youth Saver Account, said a press release...
Net sales of savings certificates nosedive in July-Jan
The net sales of national savings certificates (NSCs) continued their downward trend in the first seven months of the current financial year, reflecting the impact of prolonged inflation and shifting investment preferences...
NSC sales rise to Tk 1,676cr in July-Nov
The net sales of national savings certificates increased in July-November period of the financial year 2024-25, as many depositors turned to such stable, low-risk investment.
Dual interest rates for NSCs introduced
The interim government on Wednesday introduced dual rates for the interest payment of the national savings certificates, said Finance Division officials, adding that the rates took effect from January 1...
Sale of saving certificates likely to resume Thursday
The sales of all types of savings certificates which remained suspended since last Thursday due to software upgrades are likely to resume on Thursday.
NSC sales surge to Tk聽8,332cr in July-Sept
The net sales of national savings certificates soared in the July-September period in the financial year 2024-25, as many depositors turned to such stable, low-risk investment instruments amid concerns over the health of country鈥檚 banking sector...
Interim govt to hike savings certificates interest rates聽聽
The government will increase the interest rates of the savings certificates to attract higher investment and make up low revenue incomes.
Depositors keep struggling to retrieve funds from weak banks in Bangladesh
Depositors have continued to struggle in retrieving their savings from financially weak banks as these institutions have been grappling with persistent confidence crisis.
NSC sales bounce back
Net sales of national savings certificates or NSCs bounced back in July as depositors shifted their funds from struggling banks to safer, low-risk instruments like NSCs...
Net NSC sales dip in FY24
The net sales of national savings certificates further plunged in the 2023-24 financial year compared with that in the previous financial year due to high inflation and...
NSC sales fall further amid rising inflation
The net sales of national savings certificates further declined in the July-May period of the 2023-24 financial year due to high inflation and rising bank interest rates...
Net NSC sales dip in 9 months
The net sales of national savings certificates went down further in the July-March period due to high inflationary pressures and rising bank interest rates...
NSC sales plunge amid high inflation in Bangladesh
The net sales of national savings certificates plummeted in the July-March period...
bKash app offers weekly savings option
Short-term weekly savings of two banks and a financial institution has been introduced on the bKash app, said a press release...