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NPS accounts to become more secure; PFRDA introduces new two-factor authentication

National Pension System or NPS new rule: The Pension Fund Regulatory and Development Authority (PFRDA) has decided to introduce a two factor authentication system for login to the NPS CRA system under the government sector. It is stated that this new security system would be live by April 1, 2024 and is currently under development. ....

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PFRDA Streamlines Pension Fund Regulations, Updates to Accelerate Compliance

The Pension Fund Regulatory and Development Authority (PFRDA) has announced key amendments to the National Pension System Trust (NPST) and Pension Fund Regulations aimed at streamlining governance and reducing compliance complexity, in alignment with the Companies Act, 2013., Personal Finance News, Times Now ....

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PFRDA notifies amendments in NPS Trust, Pension Funds rules regarding trustees

The new rules are related to the related to appointment of trustees, their terms and conditions, holding of meetings of Board of Trustees and appointment of CEO - NPS Trust, which is in line with the Companies Act, 2013. ....

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PFRDA Notifies Amendments to NPS Trust, Pension Fund Regulations for Simplifying Provisions

The amendments are in line with the Union Budget 2023-24 announcement to review regulations to reduce the cost of compliance and enhance the ease of doing business, PFRDA Notifies Amendments to NPS Trust, Pension Fund Regulations for Simplifying Provisions ....

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Curbing illegal loan apps, empowering social firms: govt's stability goals

The Financial Stability and Development Council discussed ways to stop unauthorised lending apps as well as fundraising by social enterprises through social stock exchanges, among other issues related to macro financial stability ....

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