Practice today’s Daily Current Affairs Quiz to stay updated with national, international, economic, and banking news. Boost ...
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For NPS subscribers, the return on investment over a period of time is contingent upon exposure to equity and choice of fund ...
New framework allows eligible scheduled banks to sponsor pension funds, revise investment management fees and appoint new ...
Soon, banks will be able to independently sponsor funds for managing National Pension System (NPS) assets, as PFRDA on ...
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 ...
The PFRDA has cleared a landmark framework allowing Scheduled Commercial Banks (SCBs) to independently sponsor and manage ...
The detailed criteria will be notified separately and will apply to both new and existing pension funds said the PFRDA in a ...
The newly appointed trustees are Dinesh Kumar Khara, former Chairman of State Bank of India; Swati Anil Kulkarni, former ...
PFRDA allows banks to establish pension funds for NPS, boosting competition and protecting subscriber interests. Details on eligibility criteria inside.