SENSEX
NIFTY
GOLD
USD/INR

Weather

image 13    C

Economy News

News

Economy / The Economic Times

details

Two large banks file applications to enter pension biz

The Pension Fund Regulatory and Development Authority is seeing new interest from major banks wanting to manage pension funds. PFRDA is also preparing to introduce a new inflation-linked product for National Pension System subscribers. This product will offer retirees an alternative to traditional annuities. It aims to provide stable, inflation-adjusted withdrawals from their pension corpus.

27 Nov 2025 11:04 pm