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Minimum assured return scheme to be launched within 4 months of board nod: PFRDA chief

"If we feel that the rates are to be taken a little up or down, we will be doing that looking at the market conditions. The GSEC tenure may not remain at one level and it has moved very widely. There are wide swings in GSEC and also the market over the last one year. If we feel that after one year it needs some moderation, it will be moderated and whatever contribution comes from that period will have that guarantee."
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