18-July-2024
Markets and Finance
 
18 major NPS changes in last 6 months: New online withdrawal facility to changes in NPS transaction statement
21-Jun-2024

In order to satisfy the requirements of the Nation Pension System (NPS) and Atal Pension Yojana (APY) architecture, the CRAs registered with the Pension Fund Regulatory and Development Authority (PFRDA) consistently improve their systems. NPS Central Recordkeeping Agency (CRAs) are accountable for creating new functions, implementing new procedures, and providing various interface models for uploading offices in order to complete their duties and assist subscribers and stakeholders. These programs provide the NPS stakeholders the greatest operational freedom possible.

News Source:- https://economictimes.indiatimes.com/wealth/save/18-major-nps-changes-in-last-6-months-new-online-withdrawal-facility-to-changes-in-nps-transaction-statement/articleshow/111112086.cms