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Labour ministry, RBI hold discussions to ease PF withdrawal
Hindustan Times Amritsar
|December 26, 2024
THE RETIREMENT FUND MANAGER IS REVAMPING ITS WORK PROCESSES AND IT NETWORK TO HASTEN THE SERVICES
NEW DELHI: The Union labour ministry has begun discussions with the Reserve Bank of India (RBI) and other banks on rolling out new services for subscribers of the Employees' Provident Fund Organisation (EPFO), such as direct access to savings deposits through ATMs and e-wallets linked to bank accounts, an official said, requesting anonymity.
The State-backed retirement fund manager is currently revamping its work processes and information technology network for speedier services following long-standing grievances of cumbersome procedures for settlement of claims and pensions.
यह कहानी Hindustan Times Amritsar के December 26, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Hindustan Times Amritsar से और कहानियाँ
Hindustan Times Amritsar
Bars, eateries see demand spike during IPL
India’s restaurants, bars and quick-service chains are seeing a much-needed rebound after the Indian Premier League (IPL) season 19 kicked off on March 28, with match screenings, group dining and delivery driving sales over the weekends.
2 mins
April 06, 2026
Hindustan Times Amritsar
Another LPG vessel crosses crucial strait
GREEN SANVI, CARRYING 46,655 MT OF LPG, IS EXPECTED TO ARRIVE AT DAHEJ IN GUJARAT TOMORROW
1 mins
April 06, 2026
Hindustan Times Amritsar
US aviator rescued after tense search, Trump vows 'hell' if Strait stays closed
US President Donald Trump on Sunday made expletive-laden new threats to escalate strikes on Iran and its infrastructure if it doesn’t open the Strait of Hormuz by his deadline, after American forces rescued an aviator whose Iran-downed plane fell behind enemy lines.
1 min
April 06, 2026
Hindustan Times Amritsar
RAHUL DRAVID, ANIL KUMBLE ENDS UNVEILED OFFICIALLY AT CHINNASWAMY
The Rahul Dravid and Anil Kumble Ends at the M Chinnaswamy Stadium were on Sunday officially unveiled at a touching ceremony attended by the stalwarts’ family members.
1 min
April 06, 2026
Hindustan Times Amritsar
Prices of food staples ease despite war: Govt
The government's measures have kept prices of essential commodities in India stable, with staples such as rice, wheat, atta and pulses showing a decline over the year and month prior, according to consumer affairs secretary Nidhi Khare.
2 mins
April 06, 2026
Hindustan Times Amritsar
MOODY’S CUTS INDIA FY27 GROWTH ESTIMATE TO 6%
Moody's Ratings has slashed India’s economic growth estimates for the current fiscal to 6% from 6.8% earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks.
1 min
April 06, 2026
Hindustan Times Amritsar
Tanker with Iraqi oil transits choked strait
An oil tanker loaded with Iraqi crude passed through the Strait of Hormuz close to the Iranian coast, a day after Iran said Iraq was exempt from any restrictions to transit the vital sea route, data from LSEG and Kpler showed.
1 mins
April 06, 2026
Hindustan Times Amritsar
West Asia impetus for India’s EV transition
The ongoing West Asia crisis is an important warning on India’s energy dashboard.
4 mins
April 06, 2026
Hindustan Times Amritsar
SC bench for Sabarimala review reflects diversity across faith, region and gender
The Supreme Court's decision to constitute a nine-judge bench for the Sabarimala review is not merely a procedural step to revive a long-pending constitutional reference.
3 mins
April 06, 2026
Hindustan Times Amritsar
Indian airlines cancelled 10K flights since W Asia war began
The cancellations impacted a cumulative total of 1.079 million passengers.
1 mins
April 06, 2026
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