Question
Recently which bank has join hands with PFRDA to launch
a digital platform which will allow customers to open NPS accounts using mobile phones?Solution
Bank of India along with pension fund regulator PFRDA launched a digital platform which will allow customers to open NPS accounts using mobile phones. The Pension Fund Regulatory and Development Authority (PFRDA) and Bank of India launched the digital platform for NPS enrolment in association with K-fintech. Customers can now open NPS (National Pension System) account in a hassle-free and paperless manner by scanning a QR code. Bank of India Headquarters: Mumbai CEO: Atanu Kumar Das Pension Fund Regulatory and Development Authority is the regulatory body under the jurisdiction of Ministry of Finance, Government of India for overall supervision and regulation of pension in India. Founded: 23 August 2003 Headquarters: New Delhi Agency executive: Supratim Bandyopadhyay (Chairperson)
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