Pension schemes aiming to reach AUM of Rs 12 lakh cr by March-end; added 97 lakh subscribers in 2023: PFRDA chief

Pension schemes aiming to reach AUM of Rs 12 lakh cr by March-end; added 97 lakh subscribers in 2023: PFRDA chief

Pension Fund Regulatory and Development Authority (PFRDA) Chairman Deepak Mohanty has said that the pension schemes, such as the National Pension System (NPS) and Atal Pension Yojana (APY), have added 97 lakh new subscribers in 2023, taking the total subscriber base to 7.03 crore as of December 31, 2023. Of the total subscribers, 5.3 crore … Read more

Nabard balance sheet grows 24% to Rs 6.57 lakh crore in FY21

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National Bank for Agriculture and Rural Development (Nabard) on Tuesday reported a 24 per cent growth in its balance sheet to a record high of Rs 6.57 lakh crore in the financial year ended on March 31, 2021. In the financial year 2019-20, its balance sheet stood at Rs 5.32 lakh crore. “In FY 2020-21, … Read more