New Delhi, Jan 13 (IANS) The Pension Fund Regulatory and Development Authority (PFRDA) has issued the guidelines for providing comprehensive information on the National Pension System Vatsalya (NPS Vatsalya), a contributory savings and long-term financial security scheme designed exclusively for minors.In line with the amendments notified to the PFRDA (Exits and Withdrawals under NPS) Regulations, 2015, the NPS Vatsalya Guidelines lay down flexible provisions for long-term financial security of …
Latest NPS Vatsalya News & Updates
New Delhi, Jan 10 (IANS) The strategic interventions by the Department of Financial Services (DFS) has improved the financial health and robustness of banking sector significantly, with gross NPA ratio of scheduled commercial banks (SCBs) declining to 2.22 per cent and that of scheduled commercial banks (PSBs) declining to 2.58 per cent, an official statement said on Saturday.Furthermore, the Provision coverage ratio (PCR) of SCBs increased from 49.31 per cent in March 2015 to a healthy 93.14 pe…