Sanjiv Bajaj Jt. Chairman & MD, Bajaj Capital
Deepak Mohanty Chairperson of the Pension Fund Regulatory and Development Authority
"NPS, in essence, is a vehicle that empowers individuals in the private sector to plan for their retirement. It's a means for people to create a financial cushion for their post-retirement life, ensuring they can enjoy a comfortable and secure lifestyle when their working years conclude."
In the world of Indian finance, Deepak Mohanty stands tall as a prominent figure. Serving as the chairperson of PFRDA, he wields significant influence in shaping India's financial landscape.
We are honored to have him here today for an enlightening interview.
Before we dive into our conversation, let's take a moment to discuss the National Pension System (NPS), a financial tool that has been gaining popularity in India. While some have fully embraced NPS, others have yet to explore its potential. NPS provides a unique way for investors to nurture their retirement dreams and build an extra income source. Deepak Mohanty often stresses the concept of a second income, a financial safety net that ensures one's lifestyle remains secure, even during unexpected events like lockdowns.
Today, we are privileged to hear from Deepak Mohanty, a distinguished figure who has made significant contributions to the Indian economy, particularly through his work with the Reserve Bank of India (RBI). Let's begin by discussing the current state of the Indian economy. Our Prime Minister has set an ambitious goal for India to become the world's third largest economy during his third term. This vision not only paints a hopeful picture but also offers opportunities for wealth creation. Given Deepak Mohanty's extensive experience and expertise, we eagerly await his insights into the Indian economy at this critical moment.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
ASK THE EXPERT
Ques. One of my friends told me that your company provides detailed Retirement plans. I want to know what is the procedure to get my Retirement plan. I will be retiring in March 2025. R.P Gupta, Noida
How to Naturally Reverse Fatty Liver Disease
The liver, located on the upper-right side of the abdomen, is the body’s largest internal organ and plays a critical role in detoxifying the blood and processing nutrients.
Banking sector which has underperformed in the last two years, now offers a favorable risk-reward profile
Do you think the market is overpriced? Is yes, should investors refrain from investing in index schemes at the current valuation?
India will continue to enjoy benefits of a close US relationship and trade will continue to grow
Q1. The US elections are said to be one of the closest till date, what impact will the election of a Republican / Democratic party have on the US economy and how is that going to affect India in the short as well as the long term?
Understanding Momentum Funds
Momentum funds are a type of investment fund that focuses on companies experiencing positive momentum in factors such as earnings, revenue, and stock price movement.
Risks and opportunities associated with Small Caps
Small-caps are a stock-picker’s paradise.
How to navigate your portfolio through bull market a
Indian equities have been in a bull run for the past four years.
Choosing mutual fund schemes depending on your age to achieve life goals
The choice of mutual fund (MF) scheme might be influenced by one’s risk profile or age.
Thematic Fund Or Sectoral Fund, Which Fund Suits You?
A thematic fund is a type of mutual fund that focuses on investing in companies based on specific themes or trends.
Be Kind To Your Kidneys
The kidney is a vital organ in our body which is four inches long and two and a half inches in width.
