RDA inflows reach $2.677b in October

Author: APP

The inflows under Roshan Digital Account rose to $2.677 billion by the end of October 2021 compared to $2.41 billion till the end of September this year, according to a latest data released by the State Bank of Pakistan. The data shows that the inflow during the month of October was recorded at $266 million compared to $297 million in September and $245 million in August this year. Roshan Digital Account (RDA) was launched by the State Bank of Pakistan, in collaboration with the commercial banks operating in Pakistan. These accounts provide innovative banking solutions for millions of Non-Resident Pakistanis (NRPs), including Non-Resident Pakistan Origin Card (POC) holders, seeking to undertake banking, payment and investment activities in Pakistan. As per data, expatriate Pakistanis from 175 countries had deposited the funds to 273,411 accounts opened through RDA.

Share
Leave a Comment

Recent Posts

  • Pakistan

Name’s spelling mistake costs dearly Upper Dir cricketer

The spelling mistake in his name by a clerk has cost promising cricketer Anisur Rehman…

22 mins ago
  • Pakistan

Wheat harvesting, threshing in full swing in Potohar region

The farmers in Potohar region have started wheat crop harvesting and threshing, as the Met…

22 mins ago
  • Pakistan

KP govt to buy local wheat

The government of Khyber Pakhtunkhwa has decided to buy 300 thousand metric tons of local…

22 mins ago
  • Pakistan

Administration urged to resolve wheat crisis

Member of Punjab Assembly Hassan Askari Sheikh has urged the relevant authorities to take immediate…

23 mins ago
  • Pakistan

46 killed in gas cylinder explosions over last 2 years in Lahore

Hundreds of LP gas cylinder explosions have occurred in Lahore, the provincial capital of Punjab.…

23 mins ago
  • Pakistan

ECP launches EMCC for KP Tehsil Council by-elections

The Election Commission of Pakistan (ECP) has set up the Election Monitoring and Control Center…

26 mins ago