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EPFO plans to hire two consultants to manage debt and equity portfolios
EPFO plans to hire two consultants to manage debt and equity portfolios
The Employees' Provident Fund Organisation (EPFO) is planning to hire two consultants to manage its debt and equity portfolios, thereby reducing its dependence on a sole consultant. A high-level committee will be formed to recommend the division of work. EPFO manages over INR 18 lakh crore in investments, which rises by over INR 1.5 lakh crore yearly with a subscriber base of 6 crore.
The Employees' Provident Fund Organisation (EPFO) is planning to hire two consultants to manage its debt and equity portfolios, thereby reducing its dependence on a sole consultant. A high-level committee will be formed to recommend the division of work. EPFO manages over INR 18 lakh crore in investments, which rises by over INR 1.5 lakh crore yearly with a subscriber base of 6 crore.