MoneyWorks4Me

PFRDA appoints India Infoline Finance as PoP under NPS

11 Jul 2012 Evaluate

India Infoline Finance (IIFL), the NBFC arm of India Infoline Group, India's leading financial services provider, has received registration from Pension Fund Regulatory and Development Authority (PFRDA) to act as a points of presence (PoP) under National Pension System (NPS).

This will enable IIFL to directly distribute pension products under NPS through its various branches and offices for all citizens, except Government Employees covered by NPS, and enable the common public access to their long term pension needs.

IIFL, a subsidiary of India Infoline is registered with Reserve Bank of India as a non-banking finance company. IIFL offers a broad suite of lending and other financial products to both retail and corporate clients.

India Infoline offers financial services ranging from equities, derivatives, commodities, wealth management, asset management, insurance, fixed deposits, loans, investment banking, GoI bonds and other small savings instruments.

Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
View more..