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National Pension Scheme Update: 5 recent changes in NPS that you need to know
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CAMS appointed as CRA under National Pension Scheme
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Computer Age Management Services (CAMS) rose 0.53% to Rs 1517.70 after the company was deemed eligible as central record keeping agency under the National Pension Scheme (NPS).CAMS has been considered eligible for selection and further grant of registration as a central record keeping agency under the NPS under the Pension Fund Regulatory and Development Authority (Central Recordkeeping Agency) Regulations, 2015.
The selection is subject to certain fulfilment of certain conditions including the de-registration of the company as a Point of Presence under the Pension Fund Regulatory and Development Authority (Point of Presence) Regulations, 2018. The company is in the process of complying with such conditions to obtain the registration as a Central Record Keeping Agency and will provide the updates as and when required, CAMS said in a regulatory filing made after market hours yesterday.
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