Today news
About the same in other media
EPFO board to meet today, investment proposals on agenda
Reading now: 569
The Central Board of Trustees (CBT), the apex decision-making body of the Employees’ Provident Fund Organisation (EPFO), is likely to take a number of important decisions including a diversifying of investments into asset classes, which are part of approved pattern of investment, but remained untapped so far. The board could decide to invest up 5% of its incremental deposits — close to Rs 9,000 crore at current level — annually in select private-sector bonds, REITs, InvITs, units issued by category-I & category-II alternative investment funds and AA-rated Basel III Tier I bonds, in order to enhance the yield on investments.
Of the 25 items listed for the 229th meeting, the CBT will ratify the approval already given by the chairman to extend
Read more on financialexpress.comAbout this in other media
Biden’s Chance to Remake the Federal Reserve’s Board of Governors wsj.com /2 years ago
Upward Graph: EPFO’s investments in ETFs rise five times in six years financialexpress.com /2 years ago
Maximising returns: EPFO to invest in InVITs sponsored by govt bodies financialexpress.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
