From The Times of India
Center Owned by Bennett, Coleman & Co.EPFO considers Rs 25,000cr war chest to stabilise interest payouts
RSS excerpt
Employees’ Provident Fund Organisation is exploring the establishment of a Rs 25,000-crore Interest Stabilisation Reserve. This reserve aims to protect members’ interest payouts from corporate bond defaults and other market fluctuations. A report suggested that the fund should be built via surplus…
