KFintech Enables NPS Swasthya Withdrawals For Healthcare

04 Mar 2026 CW Team

KFintech will perform account validation, transaction processing and settlement within the NPS framework to facilitate payments to healthcare providers. When a payment request is made through the partner network the request will be validated, units will be redeemed as per rules and the payment will be settled to the provider to ensure a compliant experience. Registration for NPS Swasthya is open on the Apollo 24/7 app and the ICICI Prudential Pension Funds website.

The company said that the proof of concept represented a progressive step towards financial inclusion by making retirement solutions responsive to healthcare needs within a regulated structure. It said that such flexibility within a long term retirement system required robust technology and recordkeeping to ensure governance, transparency and rule based processing rather than discretionary access. KFintech noted that its digital architecture provides secure validation, compliant unit redemption and auditable transaction flows to protect subscriber retirement savings.

The initiative underlines the role of technology led recordkeeping in supporting regulatory innovation within the NPS ecosystem and aims to improve accessibility and execution for subscribers under the sandbox framework. The company described the service as an example of how digital platforms can integrate payment rails and pension recordkeeping to address real life healthcare needs without compromising long term retirement goals. KFintech is listed on the National Stock Exchange of India and BSE and said that General Atlantic Singapore Fund Pte Ltd is its promoter.

KFin Technologies Limited (KFintech), a Central Recordkeeping Agency (CRA) under the National Pension System (NPS), has enabled instant withdrawals under the NPS Swasthya Scheme in collaboration with Apollo 24/7. The option is available on the Apollo 24/7 payment app and portal and subscribers may link their NPS Swasthya account to meet medical expenses as quickly as making a UPI payment. This allows eligible medical costs to be addressed from NPS Swasthya contributions while the remaining retirement corpus stays invested. KFintech will perform account validation, transaction processing and settlement within the NPS framework to facilitate payments to healthcare providers. When a payment request is made through the partner network the request will be validated, units will be redeemed as per rules and the payment will be settled to the provider to ensure a compliant experience. Registration for NPS Swasthya is open on the Apollo 24/7 app and the ICICI Prudential Pension Funds website. The company said that the proof of concept represented a progressive step towards financial inclusion by making retirement solutions responsive to healthcare needs within a regulated structure. It said that such flexibility within a long term retirement system required robust technology and recordkeeping to ensure governance, transparency and rule based processing rather than discretionary access. KFintech noted that its digital architecture provides secure validation, compliant unit redemption and auditable transaction flows to protect subscriber retirement savings. The initiative underlines the role of technology led recordkeeping in supporting regulatory innovation within the NPS ecosystem and aims to improve accessibility and execution for subscribers under the sandbox framework. The company described the service as an example of how digital platforms can integrate payment rails and pension recordkeeping to address real life healthcare needs without compromising long term retirement goals. KFintech is listed on the National Stock Exchange of India and BSE and said that General Atlantic Singapore Fund Pte Ltd is its promoter.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Infrastructure Energy

04 May 2026

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Infrastructure Urban

04 May 2026

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..