With an aim to boost NPS, regulator allows banks to set up own pension funds
In a move that is set to widen distribution of pension products, the PFRDA board has given an in-principle nod to a framework that will permit scheduled commercial banks to set up their own pension funds under the National Pension System.
In a move that is set to widen distribution of pension products, the PFRDA board has given an in-principle nod to a framework that will permit scheduled commercial banks to set up their own pension funds under the National Pension System.
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