Tag: Pension Fund Regulatory and Development Authority
Committee on review of pension system for govt employees consulting stakeholders: FinMin
The Finance Secretary-headed committee to review the pension system for government employees is in the process of consulting stakeholders and is yet to finalise its…
nps: PFRDA plans to introduce systematic withdrawal plan under NPS by September: Chairman Deepak Mohanty
Pension fund regulator PFRDA plans to come out with a systematic withdrawal plan which will provide flexibility to pension account holders to withdraw a lump…
pfrda: Asset under management may cross magical number of Rs 10 lakh crore by September: PFRDA Chairman
The AUM under pension schemes is expected to cross the landmark figure of Rs 10 lakh crore in the first half of this fiscal, helped…
nps: ‘NPS has generated competitive returns’
(This story originally appeared in on May 06, 2023) Deepak Mohanty, an old RBI hand, has taken over as the chairman of the Pension Fund…
finance: Finance Ministry sets up panel to review pension system for government employees
Finance Ministry on Thursday set up a committee under Finance Secretary T V Somanathan to review the pension system for government employees. The committee would…
HDFC merger: HDFC-HDFC Bank merger gets NCLT approval
The National Company Law Tribunal (NCLT) on Friday gave its approval to the HDFC-HDFC Bank merger. The merger between the two entities has received in-principle…
NPS PRAN: New process to make reclaiming ‘withdrawn but unclaimed NPS amount’ easier
With regards to NPS, the Pension Fund Regulatory and Development Authority (PFRDA) has stated that any funds remaining after one month without being transferred to…
Timeline to get NPS partial withdrawal money reduced to 2 days after authorisation
The Pension Fund Regulatory and Development Authority (PFRDA) announced the addition of more services in the bouquet under T+2 timelines. Now, the processing time for…
NPS: 5 key measures taken by PFRDA to enhance the NPS subscribers accessibility
In the Economic Survey 2023, the government highlighted the measures taken by Pension Fund Regulatory and Development Authority (PFRDA) to ease the accessibility of NPS…
NPS subscribers: Bank account verification, name/PAN matching to get faster
The Pension Fund Regulatory and Development Authority (PFRDA) has introduced a method of bank account verification for subscribers (PAN-PRAN- VPA(UPI)) with interesting features, in which…