India allows banks to sponsor pension funds under NPS

[ad_1] Image used for representational purpose only. File | Photo Credit: Getty Images/iStockphoto India’s pension fund regulator has allowed banks ‍to sponsor pension funds that will manage monies ​under the National Pension System (NPS), ‌in a bid to bolster ​competition in the sector. The Pension Fund Regulatory and Development Authority (PFRDA), which oversees assets worth […]

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Morning Digest | November 7, 2022

[ad_1] Supreme Court to pronounce EWS quota verdict on November 7 A five-judge Bench of the Supreme Court led by Chief Justice of India U.U. Lalit is scheduled to pronounce judgment on November 7 on the challenge to the validity of the 103rd Constitutional Amendment which provides 10% reservation in government jobs and educational institutions […]

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