"national-pension-system"

The State Bank of India (SBI) has announced that the two-day nationwide strike planned by the All India State Bank of India Staff Federation (AISBISF) for May 25–26 has been deferred after talks with management.

As of fiscal 2021, NPS had 4.2 crore registered users or subscribers. The annual report of National Pension System Trust said that APY has over 66 per cent of subscribers, or 2.8 crore permanent retirement account numbers (PRAN).

The number of subscribers in various schemes rose to 426.75 lakh by end-April 2021 from 346.01 lakh in April 2020.

At present, there is a threshold of Rs 2 lakh up to which a NPS subscriber can withdraw the entire money.