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Bank of Baroda (BoB), through its subsidiary BoB Pension Fund Management Company Limited, has received the Certificate of Appointment as a Sponsor of a Pension Fund from the Pension Fund Regulatory and Development Authority (PFRDA).
It is to be noted that BoB is the second Public Sector Bank (PSB) to obtain this sponsorship, following the State Bank of India (SBI), which was the first PSB to enter the pension fund segment in 2008.
The Pension Fund Regulatory and Development Authority (PFRDA) has issued operational guidelines for the National Pension System (NPS) Swasthya Pension Scheme under Section 14 of the PFRDA Act, 2013. The scheme allows an entry age of 18 to 70 years, with renewals permitted up to 85 years.
The minimum initial contribution includes the first-year insurance premium, ₹200 for annual maintenance charges of the Health Benefit Administrator, and at least ₹1,000 for investment in the NPS Swasthya account. The minimum subsequent contribution required is ₹10.
The Pension Fund Regulatory and Development Authority (PFRDA) has launched an AI-enabled grievance redressal platform named 'PFRDA Pension Sahayak' for subscribers of pension schemes regulated by the authority.
The Pension Fund Regulatory and Development Authority (PFRDA) has launched the ‘StAR NPS’ platform. Developed by the Bombay Stock Exchange (BSE) Technologies Pvt Ltd (BTPL), this digital onboarding solution aims to simplify the subscriber registration process for the National Pension System (NPS).
The PFRDA has also introduced a ‘Regulatory Sandbox Framework’, effective from June 2, 2026, to facilitate the controlled testing of innovative pension-sector solutions before their wider implementation.
The Pension Fund Regulatory and Development Authority (PFRDA) has introduced a new post-retirement framework under the National Pension System (NPS) to provide subscribers with flexible periodic payout options. The regulator has launched Retirement Income Schemes (RIS) to facilitate flexible payouts during the decumulation phase while supporting corpus appreciation.
Currently, NPS subscribers can withdraw 60% of their corpus tax free at retirement, while the remaining 40% must be used to purchase an annuity. Additionally, PFRDA has extended the maximum age for maintaining NPS accounts from 75 years to 85 years for both government and non-government subscribers.
The Financial Intelligence Unit-India (FIU-IND) has signed an MoU with the Pension Fund Regulatory and Development Authority (PFRDA) to enhance information sharing and inter-agency coordination.
The partnership aims to conduct joint outreach and training programmes for regulated entities to upgrade their Anti-Money Laundering (AML) and Combating Financing of Terrorism (CFT) capabilities within the jurisdiction of the PFRDA.
The Pension Fund Regulatory and Development Authority (PFRDA) has approved PPFAS Asset Management Company (AMC) to act as a sponsor for a pension fund under the National Pension System (NPS).
PPFAS AMC, a subsidiary of Parag Parikh Financial Advisory Services Limited, will set up a separate pension fund company to invest in Equities (EQ), Government Securities (G-Secs), and Corporate Bonds (CBs). Currently, there are 10 AMCs authorized to function as fund managers under the NPS framework.
It is to be noted that the NPS was launched in 2004 for government employees and was extended to all citizens in 2009, allowing individuals to choose and switch between various fund managers.
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"The memorising technique in the Scoreclever automatically stores the news in my mind and it saves time."
"It is very helpful platform to study current affairs. It has memory technique which saves lots of time during preparartion."
"Came across Editorial Vocabulary podcast video accidentally and really loved the idea. Its really useful for my preparation."
"Wonderful session. Thank you so much and really hats off to you for making current affairs and editorial an easy one."
"This is one the best app for Current Affairs. The content is cut and short whichever is required and is easy to remember with flashcards."
"Thx to daily quizzes. It played a big role in revisions. April 2024 - April 2025 I missed quizzes 3 or 4 days only. It's that interesting."
"Best app to learn current affairs in an effective way. I usually forgot current affairs easily and now I can easily remember everything."
"I studied current affairs only in Scoreclever and its really a time saver. Thanks Scoreclever team for all your efforts."
"Just wow. Haven't seen anyone explaining editorials like this. Crystal clear explanations with word by word. Thanks so much."
"This app is very useful to the persons who find difficult to go through the bunch of PDFs, and spending lots of time for revision."
"The memorising technique in the Scoreclever automatically stores the news in my mind and it saves time."
"It is very helpful platform to study current affairs. It has memory technique which saves lots of time during preparartion."
"Came across Editorial Vocabulary podcast video accidentally and really loved the idea. Its really useful for my preparation."
"Wonderful session. Thank you so much and really hats off to you for making current affairs and editorial an easy one."
"This is one the best app for Current Affairs. The content is cut and short whichever is required and is easy to remember with flashcards."
"Thx to daily quizzes. It played a big role in revisions. April 2024 - April 2025 I missed quizzes 3 or 4 days only. It's that interesting."
"Best app to learn current affairs in an effective way. I usually forgot current affairs easily and now I can easily remember everything."
"I studied current affairs only in Scoreclever and its really a time saver. Thanks Scoreclever team for all your efforts."
"Just wow. Haven't seen anyone explaining editorials like this. Crystal clear explanations with word by word. Thanks so much."
"This app is very useful to the persons who find difficult to go through the bunch of PDFs, and spending lots of time for revision."
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