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It was funded by grants from the Government of India. [4] [5] This scheme has been replaced with Atal Pension Yojana, [6] in which all subscribing workers below the age of 40 are eligible for pension of up to ₹ 5,000 (US$59) per month on attainment of 60 years of age. [7] [8] This scheme was named after Atal Bihari Vajpayee, former prime ...
Atal Pension Yojana (Atal Pension Scheme) CS MoF: 2015: Pension: Original form in 2010 as the Swavalamban Yojana. [72] A pension program that allows people to make voluntary contributions within a certain range with a matching government contribution to receive pension in the future. By September 2021, non-metros subscribers numbered 3,77,00 ...
Pension Schemes: Atal Pension Yojana, National Pension System (NPS). Loan Services: Loan applications and EMI payments. 3. Education: [12] Online Education: Various courses and certification programs. Competitive Exam Preparation: Courses for SSC, banking, railway exams, etc.
The National Pension System (NPS) is a defined-contribution pension system in India regulated by the Pension Fund Regulatory and Development Authority (PFRDA) which is under the jurisdiction of the Ministry of Finance of the Government of India. [1] National Pension System Trust (NPS Trust) was established by PFRDA as per the provisions of the ...
The Pension Parishad – an initiative to ensure universal pension to all workers in India – has been demanding that the Government of India establish a "non-contributory and universal old age pension system with a minimum amount of monthly pension not less than 50% of the minimum wage or ₹ 2,000 (US$23), whichever is higher." [51]
Vijaya Bank [2] [3] [4] was a PSU bank which was merged with Bank of Baroda on 1 April 2019 with its head office in Bangalore, Karnataka, India. It was one of the nationalised banks in India. The bank offered a wide range of financial products and services to customers through its various delivery channels.
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In May 2021, Housing Development Finance Corporation (HDFC), entered into a share purchase agreement for the sale of 44,12,000 equity shares of Rs. 10 each, representing 0.62% of the issued and paid-up share capital of HDFC ERGO, in accordance with the direction of Reserve Bank of India to reduce its shareholding in the latter to 50% or below ...