VERIFIEDMint Industry·8 Oct 2026neutral

Bank of Baroda becomes only PSU bank after SBI to enter pension fund business: What it means

AI Summary

·Bank of Baroda has entered the pension fund business.
·It is the second Public Sector Undertaking (PSU) bank, after SBI, to enter this sector.
·This move aligns with PFRDA's goal to expand the National Pension System (NPS).