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Rationalization of Interest Rates of Small Savings Scheme

News and Press Release - Dated:- 12-3-2016 - The Pension Fund Regulatory and Development Authority (Pension Fund) Regulations, 2015 has been formulated and notified on 19th May, 2015. PFRDA regulations have not specifically stipulated any fixed inves .....

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e procedure as may be laid down by the Authority from time to time and shall be subject to such revision as deemed necessary in subscribers interest and for orderly growth of the pension sector. Thus, the Pension Fund Regulatory and Development Autho .....

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ribers, the orderly growth of pension industry including suitable incentives for the intermediaries (Pension Funds). In terms of A.P. (DIR Series) Circular No. 17 dated September 29, 2015, issued by the Reserve Bank of India (RBI), any corporate or b .....

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e context of easing the transmission of the lower interest rates in the economy, the Government has taken a comprehensive view on the social goals of certain National Small Savings Schemes. Accordingly, the following would eb effective from 1.4.2016: .....

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