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Access here alternative investment news about Sbi Will Cease To Be Epfo Fund Manager From March-end, Says Labour Minister Santosh Gangwar - The Financial Express

Sbi Will Cease To Be Epfo Fund Manager From March-end, Says Labour Minister Santosh Gangwar - The Financial Express

by financialexpress.com posted 4months ago 9 views
Currently, SBI, ICICI Securities Primary Dealership, Reliance Capital, HSBC AMC and UTI AMC are fund managers of the EPFO. : The country’s largest lender State Bank of India (SBI) will cease to be a fund manager of retirement fund body EPFO by March-end, as a bank cannot function as an asset management company under the RBI norms. “We have been told that SBI cannot work (as fund manager of the EPFO).

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