Search For "pfrda"
PFRDA notifies amendments to National Pension System Trust, pension fund r
Updated : 2 years ago IST
The amendments simplify provisions related to governance of Pension Funds in line with Companies Act, 2013, enhance disclosure by Pension Funds and reduce compliance, Finance Ministry said
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Finance Minister Nirmala Sitharaman chairs 28th FSDC meeting in New Delhi
Updated : 2 years ago IST
The meeting, held under her stewardship, witnessed the presence of Minister of State for Finance, Dr Bhagwat Karad, along with esteemed dignitaries and officials from various financial regulatory bodies.
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Enrolments under Atal Pension Yojana crossed 6 crore mark
Updated : 2 years, 3 months ago IST
The Scheme offers a flexible minimum guaranteed pension of Rs 1,000, Rs 2,000, Rs 3,000, Rs 4,000 or Rs 5,000 per month based on the age of joining and the pension amount chosen. Accordingly, the per month subscription amount presently varies from Rs 42 to Rs 1,454 based on the chosen option
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Max Life PFM, PFRDA Mark NPS Diwas with a Discussion on Financial Empowerm
Updated : 2 years, 4 months ago IST
New Delhi [India], October 18: Max Life Pension Fund Management Ltd. (Max Life PFM), a wholly owned subsidiary of Max Life Insurance Company Ltd. ("Max Life"/"Company"), organized a panel discussion on the theme of "Building Bridges to Financial Confidence: Empowering Women in Finance" to ma
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Axis Bank to Infuse Rs. 1,612 crore in Max Life, Stake to Go up to 19.02 p
Updated : 2 years, 7 months ago IST
New Delhi [India], August 10: Pursuant to the approval of the Max Financial and Max Life Boards, Axis Bank will be infusing Rs. 1,612 Cr by subscribing to equity shares of Max Life, at fair market value determined basis DCF methodology. Axis Bank has received requisite approval from RBI for
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HDFC Pension's Assets Under Management cross Rs 50,000 Cr.
Updated : 2 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 19 (ANI/NewsVoir): HDFC Pension Management Company Ltd., the fastest growing legacy Pension Fund Manager under the National Pension System (NPS) has crossed the milestone of Rs. 50,000 cr. of Assets Under Management (AUM) on May 15th 2023. Since its launch i
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Over 5.25 crore subscribers enrolled in Atal Pension Yojana
Updated : 2 years, 10 months ago IST
The scheme, launched on May 9, 2015, by Prime Minister Narendra Modi with the objective of delivering old age income security to all citizens of India, particularly to the workers in the unorganised sector.
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FM Sitharaman chairs the 27th Financial Stability and Development Council
Updated : 2 years, 10 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das, Insurance Regulatory and Development Authority of India (IRDAI) Chief Debashish Panda, Securities and Exchange Board of India (SEBI) Chief Madhabi Puri Buch, Pension Fund Regulatory and Development Authority (PFRDA) Chief Deepak Mohanty,
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Important documents required for withdrawing funds from NPS after 1st Apri
Updated : 2 years, 10 months ago IST
New Delhi [India], April 27 (ANI/ATK): In February 2023, the Pension Fund Regulatory and Development Authority (PFRDA) issued a circular, mandating NPS subscribers to upload a few documents effective from April 1st, 2023. The pension body mentioned that uploading these documents would ensure
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Over 71 lakh subscribers enrolled under Atal Pension Yojana
Updated : 4 years, 1 month ago IST
New Delhi [India], February 8 (ANI): Over 71 lakh subscribers enrolled themselves under Atal Pension Yojana till January 24, 2022 in the current financial year, Union Minister of State for Finance Bhagwat Kisanrao Karad said on Tuesday.
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Atal Pension Yojana subscribers jump to 3.68 crore
Updated : 4 years, 2 months ago IST
New Delhi [India], January 5 (ANI): Over 65 lakh people have subscribed to Atal Pension Yojana during the current financial year so far taking the total number of subscribers to 3.68 crore, the Finance Ministry said on Wednesday.
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Assets Under Management Under NPS, Atal Pension Yojana cross 6 lakh crore
Updated : 4 years, 9 months ago IST
New Delhi [India], May 26 (ANI): The Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday announced crossing the milestone of Rs 6 lakh crore (Rs 6 trillion) of Assets Under Management (AUM) under the National Pension System (NPS) and Atal Pension Yojana (APY), after 13 ye
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