Personal Finance news, Anand Radhakrishnan, MD and CIO-Equity, elaborates on the effect the debt fund debacle had on the AMC’s equity flows, the corrective actions taken to address underperformance of schemes and more
Personal Finance news, Typically, most banks allow NEFT and RTGS transfers of up to Rs2-10 lakh. Some banks may waive off an upper limit for RTGS entirely, while others may allow customers to set their specific third-party transfer limits.
Personal Finance news, The Pension Fund Regulatory and Development Authority (PFRDA) Amendment Bill looks to separate the NPS Trust from PFRDA. This is to ensure that there is no conflict of interest. It also seeks to establish a Pension Trust for employees of private sector companies.