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$The capital infusion of public sector banks is a \big bang reform\ that will support credit growth and job creation, says SBI research report. (Photo: PTI)$ Business

Small finance, payment banks to expand pension scheme outreach

As on January 23, 2018, there are more than 84 lakh subscribers registered under the APY scheme.

27 Jan 2018 10:57 AM IST

Scheme will provide an assured pension based on a guaranteed rate of return of 8 per cent per annum for ten years.

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Atal Pension Yojana subscriber base touches 80 lakh-mark

Under scheme, a subscriber would receive a minimum guaranteed pension of Rs 1000 to Rs 5000 per month.

6 Jan 2018 10:22 AM IST

Now, any Indian citizen, resident or non-resident and OCIs are eligible to join the NPS till the age of 65 years.

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Atal Pension Yojana has over 1.9 crore subscribers now

The primary reason for the uptick in enrollment was achievement of targets allocated to banks for opening of new APY...

4 Nov 2019 1:53 PM IST

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PFRDA hopes to reach 2.72 cr subscribers under APY, NPS by Mar-end:...

PFRDA said there are nearly 1.45 crore subscribers under APY and the remaining 1.20 crore have NPS accounts.

18 Feb 2019 5:08 PM IST

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Govt mulls raising pension limit to up to Rs 10,000 per month under...

PFRDA added about 50 lakh new subscribers under the scheme in 2017-18.

12 Jun 2018 2:33 PM IST