PFRDA

PFRDA chairman Deepak Mohanty on Friday said the body is hopeful of adding 13 lakh individual subscribers to the NPS in FY24, up from the 10 lakh done in FY2022-23.At present, there are 48 lakh individual subscribers in the 'corporate' and…

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 sum fund as per their choice on completion of 60 years.“It is at a very advanced…

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 sum fund as per their choice on completion of 60 years. "It is at a very advanced…

Pension Fund Regulatory and Development Authority Chairperson Deepak Mohanty. Pension Fund Regulatory and Development Authority (PFRDA) will introduce a new feature in the Systematic Lumpsum Withdrawal plan during the second half of 2023,…

With regard to APY, PFRDA aims to increase enrolment under the scheme and Regional Rural Bank is doing well on this count.This year, the target for enrolment is 1.3 crore as against 1.2 crore last yearPension Update: Pension Fund Regulatory…

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Last Updated: March 23, 2023, 08:35 ISTNPS is administered and regulated by Pension Fund Regulatory and Development Authority (PFRDA). All residential and non-residential Indians aged between 18-70 years are eligible to open an account…

NEW DELHI: At a time when the global economic downturn has squeezed overseas funding for local startups substantially, Amitabh Kant, India’s G20 Sherpa has made a case for domestic insurance companies and pension funds to take the lead in…

The total assets under management under National Pension System and Atal Pension Yojana stood at Rs 8.81 lakh crore as on March 4, 2023. (Representative image)Prior to this, Mohanty, a former executive director of the Reserve Bank of India…

Former RBI Governor D. Subbarao. File | Photo Credit: The Hindu The decision of some States to restart Old Pension Scheme will be decidedly a regressive move and will provide more privilege to government servants at the cost of larger…