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Hemant Contractor

PFRDA to invite bids for pension fund managers

Regulator PFRDA Friday said it will invite fresh bids for appointing Pension Fund Managers (PFMs) for the Rs 90,000 crore corpus.

Aug 07, 2015, 17:05 PM IST

PFRDA may allow fund managers to invest 3% of corpus in PE

Sector regulator PFRDA is looking at allowing pension fund managers to invest up to 3 percent of corpus in private equity (PE) to maximise return, and a decision in this regard is likely to be taken in 3-4 months.

Aug 02, 2015, 13:41 PM IST

PFRDA chief eyes 20% coverage of the poor by FY18

Pension fund regulator PFRDA Wednesday said it aims at increasing pension coverage for the deprived section to 15-20 percent over the next few years.

Jan 21, 2015, 23:40 PM IST

US row a minor regulatory issue, says SBI

The State Bank of India on Thursday said it is confident of meeting the regulatory requirements at one of its US arms soon and also that it is working towards appointing more professionals, including banking secrecy executives, as desired by the regulators there.

May 09, 2013, 15:05 PM IST