Department of National Savings

The Department of National Savings is balancing government domestic borrowing costs against the need to maintain stable returns for middle-income investors amidst inflation.

DNS was established in 1972 following Bangladesh's independence, on the initiative of the founding government; it inherited the organisational lineage of the National Savings Institute set up under British India's Public Debt Act, 1944. It was upgraded from a Directorate to a full Department in 2014. Headquarters: Dhaka. Parent: Internal Resources Division (IRD) under the Ministry of Finance; DNS is an attached department of IRD, not a division or autonomous body. The NSC Online Management System (https://nsd.finance.gov.bd/) launched in 2019 requires investors to authenticate via NID/Passport number and date of birth; the self-reporting portal (https://nsd.finance.gov.bd/selfreport) allows certificate holders to retrieve investment records and tax deduction certificates without visiting a branch. Current head: Dr. Rowshan Ara Begum, Director General (Grade-1); her predecessor was Mrs. Zakia Khanam (Director General, Additional Secretary), who joined 1 January 2024. The exact date on which Dr. Rowshan Ara Begum joined as DG is not available in primary sources searched as of 2026-05-17; head_since is null. The January 2025 IRD circular that introduced the market-linked rate mechanism (rates fixed every six months against 5-year and 2-year T-bond weighted average yields, with a premium of up to 50 basis points) and the July 2025 circular that effected the first downward adjustment are the two most significant regulatory actions in the 90-day activity window. FY2025-26 non-bank borrowing target is Tk 21,000 crore; DNS-administered instruments have substantially underperformed this target with net redemptions exceeding new sales in most months. Annual_budget_bdt is null: DNS's own administrative budget is not published as a line item separate from the Ministry of Finance consolidated accounts in available primary sources; the NSC-related budget figures (interest payments, outstanding stock, net financing) are government liability figures, not DNS's operational appropriation. Staff count is null: not found in official DNS website or Wikipedia as of verification date. Verification based on 2+ primary sources for all factual claims.