Npa pension news

Here are some recent news updates related to NPA (Non-Performing Assets) and pension schemes:

NPA News:

  1. RBI's NPA Resolution Framework: The Reserve Bank of India (RBI) has introduced a new framework for resolving non-performing assets (NPAs) in the banking sector. The framework aims to improve the efficiency and effectiveness of NPA resolution processes. (Source: RBI)
  2. NPA Stressed Assets Ratio: The stressed assets ratio of Indian banks has increased to 12.3% in March 2022, up from 11.3% in March 2021. This is a concern for the banking sector, as high NPAs can impact their profitability and stability. (Source: RBI)
  3. NPA Recovery: The Indian government has set a target to recover Rs 1.5 lakh crore (approximately $20 billion) of NPAs from banks by 2025. The government has also announced measures to improve NPA recovery, including the creation of a bad bank. (Source: Economic Times)

Pension Scheme News:

  1. EPFO's Pension Scheme: The Employees' Provident Fund Organisation (EPFO) has launched a new pension scheme, called the "Swavalamban Scheme", which aims to provide a minimum pension of Rs 1,000 per month to subscribers. (Source: EPFO)
  2. NPS Pension: The National Pension System (NPS) has been extended to all citizens, including those who are not employed in the organized sector. The scheme aims to provide a pension to subscribers upon retirement. (Source: PFRDA)
  3. Pension Fund Regulatory and Development Authority (PFRDA): The PFRDA has announced that it will increase the pension fund allocation to the equity market from 15% to 25% to improve returns for subscribers. (Source: PFRDA)

Other News:

  1. Banking Sector Reforms: The Indian government has announced reforms to improve the banking sector, including the creation of a bad bank and the introduction of a new framework for NPA resolution. (Source: Economic Times)
  2. Economic Growth: India's economic growth has slowed down in recent years, which has impacted the banking sector and pension schemes. The government has announced measures to boost economic growth, including infrastructure development and tax reforms. (Source: World Bank)

These are just a few recent news updates related to NPAs and pension schemes in India. If you have any specific questions or would like more information, feel free to ask!