Among the most notable changes is a proposal permitting Scheduled Commercial Banks (SCBs) to establish their own Pension Funds for NPS management.

Scheduled Commercial Banks can now sponsor pension funds. PFRDA has revised charges for Points of Presence in NPS schemes.

In a major policy move aimed at strengthening India's pension ecosystem, the Pension Fund Regulatory and Development Authority (PFRDA) has approved a series of reforms to promote sustainable growth of ...

PFRDA enables scheduled commercial banks to independently sponsor Pension Funds, enhancing competition and subscriber ...

PFRDA approves major NPS reforms, allowing Scheduled Commercial Banks to sponsor Pension Funds and appoints Dinesh Kumar ...

More bank-led pension funds mean wider access, sharper competition, and better NPS experiences for long-term savers, say ...

PFRDA approves framework allowing banks to sponsor pension funds for NPS assets, revises investment management fees and ...

New framework allows eligible scheduled banks to sponsor pension funds, revise investment management fees and appoint new ...

In a move that is set to widen distribution of pension products, the PFRDA board has given an in-principle nod to a framework ...

A pension fund is an intermediary responsible for receiving contributions, accumulating them, and making payments to ...

The Pension Fund Regulatory and Development Authority (PFRDA) on Thursday permitted banks to independently set up pension ...