WEF 2019: Urbanisation to be big driver of Indian economic growth, says KantUrbanisation will be a big driver of economic growth in India going forward, supported by favourable macroeconomic factors, accelerated infrastructure building and continuing reforms, NITI Aayog CEO Amitabh Kant said at an event on the sidelines of the World Economic Forum Annual Meeting in Davos. He also said the Indian economy may even exceed the IMF growth forecast of 7.5 per cent for the country.Pension fund regul...

Financial Services Secretary Rajiv Kumar said that the PFRDA is also thinking of buckets of investments in which higher returns can be generated.

The meeting will happen against the backdrop of the 'Alternative Mechanism' (AM) to merge three public sector banks -- Bank of Baroda, Vijaya Bank and Dena Bank -- with a view to create a global-size lender, which will be stronger and sustainable.

During his Independence Day speech on 15th August 2014, Prime Minister Modi announced the establishment of PMJDY as a scheme meant to increase banking penetration, promote financial inclusion and provide at least one bank account per household across the country in four years.

PMJDY, the flagship financial inclusion drive, was launched in August 2014. The first phase ended on August 14, 2015 was focussed on opening basic bank accounts and RuPay debit card.

Deadline For Aadhaar-PAN Linking Extended; e-PAN Can Be Generated Instantly

Atal Pension Yojana has been aroind for three years now, extending pension benefits to unorganised sector workers. With some majot changes reportedly in the pipeline for the pension scheme, here's a closer look at it.

Hemant G Contractor, Chariman of PFRDA said that the proposal has been sent to the finance ministry with an aim to increase the subscriber base of APY.

Aditya Birla Health Insurance, in partnership with the health club chain Talwalkars, has launched a wellness programme called FIT-Fitness Insured Totally.

Partial withdrawals will now be allowed to National Pension System subscribers who wish to improve their employability or acquire new skills by pursuing higher education/ acquiring professional and technical qualifications, says the PFRDA.

Atal Pension Yojana is a government-run old age pension scheme being implemented through all banks across the country as per the mandate received from the Ministry of Finance and monitored periodically at PMO.

Regulator PFRDA has asked Atal Pension Yojna (APY) service providers to use a revised form to seek consent of subscribers' for seeding Aadhaar with their accounts from Monday.