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Union of India - Section

Section 18 in Pension Fund Regulatory and Development Authority (Trustee Bank) Regulations, 2015

18. Operational requirements for Trustee Bank.

- Based on the level of activity, the Trustee Bank would be required to fulfill certain minimum operational requirements. These requirements may be as specified in the selection process as may be notified by the Authority, service level agreement and standard operating procedure issued by the National Pension System Trust from time to time. This is subject to modification from time to time as may be specified through guidelines issued by the Authority.