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  2. National Pension System - Wikipedia

    en.wikipedia.org/wiki/National_Pension_System

    The National Pension System ( NPS) is a defined-contribution pension system in India regulated by the Pension Fund Regulatory and Development Authority (PFRDA) which is under the jurisdiction of the Ministry of Finance of the Government of India. [1] National Pension System Trust ( NPS Trust) was established by PFRDA as per the provisions of ...

  3. Pensions in India - Wikipedia

    en.wikipedia.org/wiki/Pensions_in_India

    The National Pension System (NPS) is a defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The NPS started with the decision of the Government of India to stop defined benefit pensions, Old Pension Scheme (OPS) for all its ...

  4. Life Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Life_Insurance_Corporation

    Life Insurance Corporation of India (LIC) is an Indian public multinational public sector life insurance company headquartered in Mumbai. It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 49.24 trillion (US$620 billion) as of March 2023. [3]

  5. HDFC Life - Wikipedia

    en.wikipedia.org/wiki/HDFC_Life

    Total equity. ₹12,990 crore (US$1.6 billion) [2] (2023) Parent. HDFC Bank (50.39%) [3] Website. www .hdfclife .com. HDFC Life Insurance Company Limited ( d/b/a HDFC Life) [4] is a long-term life insurance provider headquartered in Mumbai, offering individual and group insurance services. The company was incorporated on 14 August 2000.

  6. PNB MetLife India Insurance Company - Wikipedia

    en.wikipedia.org/wiki/PNB_MetLife_India...

    PNB MetLife India Insurance Company Limited (PNB MetLife) established in 2001 is one of the leading life insurance companies in India.PNB MetLife shareholders include MetLife International Holdings LLC (MIHL), Punjab National Bank (PNB), Jammu & Kashmir Bank Limited (JKB), and M. Pallonji and Company Private Limited, as well as other private investors.

  7. Life insurance in India - Wikipedia

    en.wikipedia.org/wiki/Life_insurance_in_India

    Life insurance is one of the growing sectors in India since 2000 as Government allowed Private players and FDI up to 26% and recently Cabinet approved a proposal to increase it to 49%. In 1955, mean risk per policy of Indian and foreign life insurers amounted respectively to ₹2,950 & ₹7,859 [1] (worth ₹15 lakh & ₹41 lakh in 2017 prices).

  8. Pradhan Mantri Jeevan Jyoti Bima Yojana - Wikipedia

    en.wikipedia.org/wiki/Pradhan_Mantri_Jeevan...

    Pradhan Mantri Jeevan Jyoti Bima Yojana ( Prime Minister Jeevan Jyoti Insurance Scheme) is a Government -backed Life insurance scheme in India. It was originally mentioned in the year 2015 Budget speech by the then- Finance Minister, late Arun Jaitley in February 2015. [1] It was formally launched by Prime Minister Narendra Modi on 9 May in ...

  9. Social security in India - Wikipedia

    en.wikipedia.org/wiki/Social_security_in_India

    Social security in India includes a variety of statutory insurances and social grant schemes bundled into a formerly complex and fragmented system run by the Indian government at the federal and the state level. The Directive Principles of State Policy, enshrined in Part IV of the Indian Constitution reflects that India is a welfare state.

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