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NewsDesk Milli Chronicle January 2, 2026 banking sector India, banks sponsor pension funds, financial inclusion India, future of pensions India, India financial sector reforms, India pension reform, Indian pension market growth, institutional pension management, investment diversification NPS, long term savings India, National Pension System update, NPS investment reforms, pension assets India, pension fund competition, pension fund governance, PFRDA policy changes, regulatory transparency India, retirement planning India, retirement security India, savings and investment India

India Opens New Chapter in Retirement Security as Banks Get Green Light to Sponsor Pension Funds

Mumbai – India has taken a significant step toward strengthening its retirement ecosystem by allowing banks to sponsor pension funds