BANKING & FINANCE
Bank Of Baroda Incorporates Pension Fund Management Arm With ₹100 Cr
Public sector lender Bank of Baroda has incorporated a subsidiary, BOB Pension Fund Management Company Ltd, with an authorised share capital of ₹100 crore. The new entity has received its certificate of incorporation from the Registrar of Companies, Ministry of Corporate Affairs, and will operate as a pension fund manager. New company to manage pension […]
CW Bureau
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Sep 21, 2026
HOSPITALITY
NPS Contribution By Zomato Delivery Partners Crosses ₹1 Cr, PRAN 2 Lakh
Food ordering and delivery platform Zomato said the National Pension System (NPS) corpus built by its delivery partners has crossed ₹1 crore, with enrolments under the scheme surpassing 2 lakh Permanent Retirement Account Numbers (PRANs). The milestone comes less than a year after Zomato launched the NPS Platform Workers Model in October 2025 in partnership […]
CW Bureau
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Aug 19, 2026
GENERAL
India’s Retirement Revolution Gains Traction With Record Pension Assets
India’s retirement ecosystem is witnessing a major transformation as the country shifts from traditional defined-benefit pension models to a broader contributory framework aimed at improving financial sustainability and long-term social security coverage. The National Pension System (NPS) has crossed 2.17 crore subscribers, while enrolments under the Atal Pension Yojana (APY) reached 8.96 crore as of […]
CW Bureau
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May 7, 2026
ECONOMY
Atal Pension Yojana Crosses 9 Crore Mark, Sees Highest Annual Addition
The Atal Pension Yojana (APY), a flagship social security initiative of the Government of India administered by the Pension Fund Regulatory and Development Authority (PFRDA), has achieved a historic milestone by surpassing total gross enrolments of 9 crore subscribers as on April 21, 2026. Record yearly additions In a further testament to the scheme’s growing […]
CW Bureau
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Apr 22, 2026
GENERAL
FIU-India Pact With SEBI And PFRDA To Combat Money Laundering
In a move to strengthen the framework for combating money laundering and financial crimes, Financial Intelligence Unit-India (FIU-IND) has signed Memoranda of Understanding (MoUs) with Securities and Exchange Board of India and Pension Fund Regulatory and Development Authority to enhance information sharing and inter-agency coordination. The MoUs were signed by FIU-IND Director Amit Mohan Govil, […]
CW Bureau
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Apr 17, 2026
ECONOMY
PFRDA Forms SAARG To Overhaul NPS Investment Framework Soon
In a significant move aimed at strengthening India’s pension investment architecture, the Pension Fund Regulatory and Development Authority (PFRDA) has constituted a high-level committee christened Strategic Asset Allocation and Risk Governance (SAARG) to comprehensively review and modernise the investment framework of the National Pension System (NPS). The move signals a major shift by the regulator […]
CW Bureau
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Jan 26, 2026