Skip to main content
PFRDA Allows NPS Investment in New Development Bank Rupee Bonds
Back to Court News
Regulatory Authority Decisioncorporate

PFRDA Allows NPS Investment in New Development Bank Rupee Bonds

May 15, 2026

The PFRDA has amended investment guidelines for the NPS to allow investments in Rupee Bonds issued by the New Development Bank, expanding investment options for pension funds.

PFRDA Expands NPS Investment Guidelines

In a significant development for pension fund investment options, the Pension Funds Regulatory and Development Authority (PFRDA) has amended its guidelines to permit investments in Rupee Bonds issued by the New Development Bank. This change is intended to broaden the spectrum of investment opportunities available to NPS funds.

The updated circular retains existing conditions on credit ratings and maturity profiles, ensuring that pensions are invested in secure and compliant financial instruments. This decision reflects PFRDA's commitment to enhancing the performance and safety of pension funds.

For financial advisors and pension fund managers, this amendment opens new avenues for diversification within NPS portfolios. Practitioners should strategically assess these new investment vehicles, particularly in the context of achieving long-term growth in pension benefits.

Citations

  • PFRDA Circular (2026) Volume Reporter Page
Source:Regulatory Authority Decision
Practice Areas:corporate

Related Articles

View All →
NCLT Declares Liquidation Mandatory After SBI Rejects All Resolution PlansFeatured
National Company Law Tribunalcorporatebanking

NCLT Declares Liquidation Mandatory After SBI Rejects All Resolution Plans

Following a majority vote by SBI to reject all resolution plans, the NCLT has declared liquidation mandatory under Section 33(2) of the IBC and appointed a liquidator to oversee the process.

May 21, 2026Read more →
NCLAT Rules Foreign Oil Assets Kept Outside Videocon Industries’ CIRPFeatured
National Company Law Appellate Tribunalcorporatebanking

NCLAT Rules Foreign Oil Assets Kept Outside Videocon Industries’ CIRP

The NCLAT has ruled in favor of SBI, confirming that Videocon's foreign oil and gas assets are to remain outside the Corporate Insolvency Resolution Process (CIRP) of Videocon Industries Ltd. and its affiliates, relying on the commercial wisdom of the Committee of Creditors.

May 21, 2026Read more →
NCLT Orders Liquidation After CoC Rejects CIRP Extension and Resolution PlanFeatured
National Company Law Tribunalcorporatebanking

NCLT Orders Liquidation After CoC Rejects CIRP Extension and Resolution Plan

The NCLT has ordered the liquidation of a corporate debtor after the Committee of Creditors (CoC) rejected both the extension of the Corporate Insolvency Resolution Process (CIRP) and the proposed resolution plan. This decision emphasizes the need for timely action within insolvency proceedings.

May 21, 2026Read more →