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Dhirendra Swarup appointed as new chairman of Bombay Stock Exchange (BSE)

Dhirendra Swarup, who was a public interest director at the BSE, has been appointed as the new chairman of the Bombay Stock Exchange (BSE). He succeeded Sudhakar Rao. Swarup is a former Chairman of Pension Funds Regulatory and Development Authority ..

Srikrishna committee: ‘Common regulator for financial sector’

As per the suggestions made by Financial Sector Legislative Reforms Commission (FSLRC), headed by former Justice B. N. Srikrishna, key regulators such as the Securities and Exchange Board of India (SEBI), the Insurance Regulatory and Development Authority (IRDA), the Pension ..

PFRDA eases registration norms for Fund Managers of NPS

With an objective to give impetus to the National Pension System (NPS), the Pension Fund Regulatory and Development Authority (PFRDA) eased norms for registration of pension fund managers. This move will induce greater competition by removing cap on the number ..

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Implications of 26% FDI in Pension Sector

Recently, the Cabinet has approved changes in the Pension Fund Regulatory and Development Authority (PFRDA) Bill, which will also pave the way for 26% foreign investment in pension fund management companies. What is PFRDA Bill? PFRDA was set up as ..

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New Pension Scheme posts low returns

New Pension Scheme is being promoted as long-term financial instrument for an investors old age security. But the latest data released by Government have presented a dismal picture. Investment Options in NPS: The NPS subscribers have two investment options. First ..

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