News From Press National Pension System: regulator moves to sweeten deal for NRIs

National Pension System: regulator moves to sweeten deal for NRIs

Source: Hindu Business Line May 10, 2016

To attract more non-resident Indians (NRIs) into the National Pension System’s fold, pension regulator PFRDA plans to launch a ‘non-repatriable’ scheme.

The scheme is expected to make it easier for NRIs to subscribe to the NPS as it would involve lesser procedures and do away with some existing restrictions of the Reserve Bank of India (RBI).

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