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	<title>Point of Presence Archives - Tax Heal</title>
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		<title>NBFCs not to undertake PoP services for National Pension System :RBI</title>
		<link>https://www.taxheal.com/nbfcs-not-to-undertake-pop-services-for-national-pension-system-rbi.html</link>
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		<dc:creator><![CDATA[CA Satbir Singh]]></dc:creator>
		<pubDate>Fri, 19 Feb 2016 12:54:59 +0000</pubDate>
				<category><![CDATA[RBI]]></category>
		<category><![CDATA[NBFC]]></category>
		<category><![CDATA[Point of Presence]]></category>
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					<description><![CDATA[<p>Undertaking of Point of Presence (PoP) Services under Pension Fund Regulatory and Development Authority for National Pension System (NPS) RBI/2015-16/324 DNBR (PD) CC.No. 073/03.10.001/2015-16 February 18, 2016 All Non-Banking Financial Companies Madam/ Sir, Undertaking of Point of Presence (PoP) Services under Pension Fund Regulatory and Development Authority for National Pension System (NPS) The Reserve Bank of India… <span class="read-more"><a href="https://www.taxheal.com/nbfcs-not-to-undertake-pop-services-for-national-pension-system-rbi.html">Read More &#187;</a></span></p>
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										<content:encoded><![CDATA[<h1 class="head"><b>Undertaking of Point of Presence (PoP) Services under Pension Fund Regulatory and Development Authority for National Pension System (NPS)</b></h1>
<p class="head">RBI/2015-16/324<br />
DNBR (PD) CC.No. 073/03.10.001/2015-16</p>
<p class="head" align="right">February 18, 2016</p>
<p align="left">All Non-Banking Financial Companies</p>
<p align="left">Madam/ Sir,</p>
<p class="head">Undertaking of Point of Presence (PoP) Services under Pension Fund Regulatory and Development Authority for National Pension System (NPS)</p>
<p>The Reserve Bank of India (the Bank) has received proposals from Non- Banking Financial Companies (NBFCs), seeking approval for undertaking of Point of Presence (PoP) Services under Pension Fund Regulatory and Development Authority for National Pension System.</p>
<p>2. The Bank has carefully examined the proposals and it has been decided, in public interest that NBFCs shall not undertake PoP services for National Pension System.</p>
<p>Yours faithfully</p>
<p>(C.D. Srinivasan)<br />
Chief General Manager</p>
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