4 new pension funds get PFRDA nod for NPA
Kolkata: The Pension Fund Regulatory and Development Authority has approved four new pension funds taking the total count to 14, chairman Sivasubramanian Ramann said in Kolkata Friday.Pension funds collect and invest money contributed by employees and employers to build a large financial pool with an endeavour to pay regular income streams to workers after they retire.Bank of Baroda, Bajaj Finserv, Parag Parikh and Motilal Oswal are the four new funds joining the system, Ramann said.Also read: …



