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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