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Provider: Thomson Reuters Stock Report
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Axis Bank Ltd And Tata Capital In Talks With PFRDA For Pension AMC-Business Standard


Wednesday, 11 Sep 2013 12:04am EDT 

Business Standard reported that Axis Bank Ltd and Tata Capital are seeking pension regulator's approval for setting up a pension fund Asset Management Company (AMC). Sources at the Pension Fund Regulatory Development Authority (PFRDA) said that the two companies had several rounds of discussions with the authorities. But PFRDA is yet to receive formal applications from them in this regard, a senior official said. 

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1985.75
-10.95 -0.55%
25 Jul 2014