NPS withdrawal rule set to change: Soon you can opt for periodic withdrawal instead of lump sum

National Pension System (NPS) subscribers are expected to get the Systematic Lumpsum Withdrawal (SLW) option by the end of this quarter, Deepak Mohanty, chairman of Pension Fund Regulatory and Development Authority (PFRDA), told ET Wealth. The Systematic Lumpsum Withdrawal feature will allow NPS subscribers to opt for periodic withdrawal — either monthly, quarterly, half-yearly, or…

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Google Pay now supports Aadhaar-based UPI activation

Google has collaborated with NCPI to enable Aadhaar based UPI activation on Google Pay. Google has partnered with the National Payments Corporation of India (NPCI) to enable Aadhaar-based authentication for UPI activation to further ease the user onboarding process on Google Pay. According to Unique Identification Authority of India (UIDAI), 99.99% of adults in India…

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SBI 2023 Jobs Recruitment Notification of SSE, VP Posts

State Bank of India 2023 Jobs Recruitment Notification. SBI inviting applications for the positions of Senior Special Executive, Vice President. Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 21st June, 2023. No.of Posts and Vacancies :- Senior Special Executive, Vice President – 09 Posts Job Location…

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RBI permits banking units at IFSC to settle NDDCs in rupee

The Reserve Bank of India said it has permitted banks operating International Financial Services Centre (IFSC) to offer non-deliverable derivatives contracts utilising rupees to resident non-retail users for hedging. The step has been taken in order to develop the onshore rupee non-deliverable derivatives contract market and to provide residents with the flexibility to efficiently plan…

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Bajaj Finserv Mutual Fund launched

Bajaj Finserv announced the launch of its new mutual fund business under Bajaj Finserv Mutual Fund. Bajaj Finserv Mutual Fund will launch a comprehensive set of products across fixed income, hybrid and equity categories to meet the needs of diverse investor profiles ranging from retail and HNIs to institutions, said the press release. The company…

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IRCTC 2023 Jobs Recruitment Notification of GGM/Services Posts

Indian Railway Catering and Tourism Corporation 2023 Jobs Recruitment Notification. IRCTC inviting applications for the positions of Group General Manager/Services. Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 03rd July, 2023. No.of Posts and Vacancies :- Group General Manager/Services – Various Posts Job Location – New…

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