1. What is NPS? New Pension System is a voluntary contribution of funds for a sustained period of time (till the age of 60years) to enable him to draw pension after he attains 60 years of age. The Scheme has been introduced by the Government of India and monitored by the Pension Fund Regulatory and Development Authority. 2. What are the benefits of NPS? It is basically for people who do not have the benefit of pension after retirement from service. The scheme gives an opportunity to the subscriber tobuild up his pension fund over a long period so that after retirement he can draw pension for his sustenance. 3. What is TierI and TierII ? Tier I is the primary account which the subscriber has to open to be able to open Tier II account. 4. What is the difference between Tier I and Tier II? While in Tier I no withdrawal can be made till the subscriber reaches 60years of age, in Tier II the subscriber can withdraw from his balance anytime he wishes to wi...
NCD Public issue of *Tata Capital Financial Services Limited * Issue Size: *₹ 7,500 Crores* Instrument: *Secured Redeemable Non-Convertible Debentures and Unsecured, Subordinated, Redeemable, Non-Convertible Credit Rating: "CRISIL AAA / Stable" by CRISIL; and "CARE AAA; Stable by CARE* Listing:*Proposed to be listed on BSE & NSE* Issuance Mode: *Demat* Face Value: *₹ 1000* Mode Of Application: *ASBA/Non ASBA* Issue Opening Date: *10th September 2018*
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