NPS System account opening gets easier – Here’s how to apply for Aadhaar-based paperless KYC verification
The PFRDA has permitted e- NPS/Points of Presence facilities to use offline Aadhaar of prospective subscribers with their consent for opening NPS accounts.
May 28, 2020, 16:35 PM ISTAadhaar-based paperless KYC process allowed for opening NPS account
The Aadhaar-based offline paperless KYC verification "eliminates the need" to provide a physical copy of the 12-digit identifier.
May 28, 2020, 01:31 AM ISTFinance Ministry mulls allowing more pension funds in equities
The Finance Ministry is considering a proposal to raise investment limit of pension funds in stock markets to 50 per cent and a decision is expected in a short time, PFRDA Chairman Hemant G Contractor has said.
Nov 22, 2015, 17:45 PM ISTFinance Ministry to look into raising equity investment proposal: Pension fund regulator
Pension funds regulator has said that finance ministry will look into the proposal of increasing the investment of pension funds in the equity market up to 50 percent of the corpus from the current 15 percent.
Oct 11, 2015, 11:21 AM IST