PFRDA
With new instruments like real estate and infrastructure investment trusts coming up, the Pension Fund Regulatory and Development Authority (PFRDA) has set up a panel of experts, headed by former Sebi chief GN Bajpai, to review investment norms for National Pension System (NPS) schemes for the private sector. PFRDA chairman RV Verma said that the [...] Continue Reading »
In a recently-issued statement, RV Verma – the officiating Chairman of pension regulator PFRDA – said that requisite steps will soon be taken by PFRDA to increase the flow of funds into the infrastructure sector. According to the details shared by Verma, PFRDA – Pension Fund Regulatory and Development Authority – is presently working on [...] Continue Reading »
The Finance Ministry is mulling an option of allowing the long-term funds from such funding institutions to help housing finance companies (HFCs) overcome the asset liability mis-matches. These funds can be channelized to the housing sector either by allowing them to lend to HFCs, or permitting them to invest in Residential Mortgage Backed Securities (RMBS) [...] Continue Reading »
