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PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
ARCIL IPO: Goldman Sachs, BofA among investors in Rs 220 crore anchor roundAsset Reconstruction Company India has raised Rs 220 crore from anchor investors ahead of its IPO, which opens on September 9. The company ...
SC rejects proposal of Parsvnath Developers for homebuyers, asked it to file anotherThe Supreme Court rejected Parsvnath Developers’ proposal on handing over flats or repaying homebuyers, calling it another device to delay ...
Insurers seek greater flexibility in using equity derivatives for portfolio hedgingIndian insurers are seeking greater flexibility in using equity derivatives, including allowing exposure to be aggregated across multiple f...
Irdai fines ICICI Lombard Rs 1 crore for outsourcing, vendor management lapsesThe Insurance Regulatory and Development Authority of India has imposed a ₹1 crore penalty on ICICI Lombard General Insurance for lapses in...
RBL Bank to raise up to USD 1 bn from overseas investorsRBL Bank's board has given the green light to raise up to one billion US dollars from foreign investors via a Euro Medium Term Note Program...
8th Pay Commission pension calculator: Can Level 7 employees get up to Rs 58,000 minimum basic pension after retirement?8th Pay Commission calculator: The next round of 8th Pay Commission discussions will kick off in Chennai on September 7. Various employee a...
Fiscal mismanagement left West Bengal practically bankrupt: CM Suvendu AdhikariWest Bengal faces financial distress due to past mismanagement, according to Chief Minister Suvendu Adhikari. He stated the state requires ...
Indian retirees missed out on equity wealth: How decades of pension-led retirement saving left portfolios stock-lightFor the longest time, we had a defined benefit plan. Even today, we have around us many retired government and public sector employees (and...
Global Market | South Korea’s NPS suspends FX hedging as won hits near two-year high: ReportsSouth Korea’s National Pension Service has suspended foreign exchange hedging as the won strengthened to a near two-year high against the d...
Returning to India from the UK? Capital gains and inheritance tax may still applyNon-resident Indians should note that leaving the UK doesn't automatically terminate tax residency. Retaining connections might keep your t...
How the rise of institutional investors is changing the IPO playbookIndia’s IPO market is evolving beyond capital raising, with mutual funds, AIFs, insurers, global institutions and family offices driving de...
Moving abroad? Know what happens to your NPS account after you become an NRINon-Resident Indians are permitted to maintain their National Pension System contributions from abroad. To remain involved, they must utili...
PFRDA proposes 10 key changes to PoP rules: What NPS subscribers need to knowThe PFRDA has unveiled ten significant proposals aimed at reforming its Points of Presence rules to enhance the pension service landscape. ...
Widow gets husband’s provident fund and gratuity but loses family pension due to a paperwork mistakeWidow got husband’s provident fund and gratuity but no family pension due to this fatal paperwork mistake; Delhi HC order explained.
Revised NPS rules for subscribers: PFRDA classifies NPS schemes into five categories; how it will make scheme selection easier for youNPS subscribers will experience significant changes in pension fund categorization and presentation. A new framework standardizes scheme se...
NPS charges revised from October 1, 2026: Check new PoP onboarding and annual charges for NPS, NPS LiteStarting on October 1, 2026, new charges will be introduced for the National Pension System. All subscribers are required to pay a one-time...
Axis Pension Fund AUM crosses Rs 20,000 crore, doubles assets in 15 monthsAxis Pension Fund has crossed Rs 20,000 crore in assets under management, doubling its AUM in 15 months amid growing adoption of the Nation...