Pension Fund Regulatory and Development Authority (PFRDA) has approved a framework to permit scheduled commercial banks to independently set up pension funds and become sponsors managing assets under ...

Regulator opens NPS fund management to scheduled banks, appoints new trustees and updates investment fee norms from April 2026 The Pension Fund Regulatory and Development Authority (PFRDA) has ...

The Pension Fund Regulatory and Development Authority (PFRDA) has approved a new framework allowing Scheduled Commercial Banks (SCBs) to independently set up pension funds for managing the National ...

The Pension Fund Regulatory and Development Authority (PFRDA) on Thursday permitted banks to independently set up pension funds to manage the government’s flagship National Pension System (NPS), a ...

The IMF is an annual fee levied by the pension funds for managing subscriber investments in NPS. The revised rate will be ...

MUMBAI: Soon, banks will be able to independently sponsor funds for managing National Pension System (NPS) assets, as PFRDA on Thursday approved in principle a framework that seeks to remove ...

Mumbai: India’s pension fund regulator--The Pension Fund Regulatory and Development Authority (PFRDA) on Thursday announced a new framework that allows banks to independently set up pension funds to ...

The proposed framework seeks to address existing regulatory constraints that had so far limited bank participation in the pension sector.(Istockphoto) New Delhi: In a move that could materially widen ...