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    <title>PFRDA identifies 21 Banks as Makers of Excellence under Atal Pension Yojana Outreach Programme;The Number of Current APY subscribers crosses 86 Lacs mark</title>
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    <description>PFRDA conducted a December 2017 outreach campaign under the Atal Pension Yojana with bank-level sourcing targets; 21 banks (public, regional rural and cooperative) met or exceeded minimum funded-account targets and were designated Makers of Excellence. The APY, operational since June 2015, guarantees a minimum pension determined by contribution, extends pension to spouses, returns accumulated pension wealth to nominees on death of subscriber and spouse, follows the NPS investment pattern, and reported positive returns in 2016-17 while subscriber numbers have grown substantially.</description>
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    <pubDate>Thu, 15 Feb 2018 14:52:51 +0530</pubDate>
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