New Delhi: Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday organised the APY Annual Felicitation Programme in New Delhi, recognising top-performing banks, State Level Bankers’ Committees (SLBCs), branches and Lead District Managers for their contribution towards expanding the Atal Pension Yojana (APY) during FY 2025-26.

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A total of 53 APY Service Providers, 10 SLBCs and the top five branches and Lead District Managers across the country were felicitated for achieving annual enrolment targets under the scheme.

Addressing the event, M Nagaraju said APY has crossed 9 crore gross enrolments with Assets Under Management exceeding Rs 54,000 crore. He noted that a record 1.35 crore subscribers were added during FY26 and stressed the need to improve subscriber persistency, financial literacy and outreach in the urban informal sector.

S Ramann said APY recorded its highest-ever annual enrolment during FY26 and highlighted growing participation among the 18-25 age group, reflecting increasing awareness about long-term financial security among youth.

Mamta Shankar said women participation under APY reached a record 55.14 percent during the year and appreciated the contribution of banks, SLBCs and Lead District Managers in expanding the scheme’s outreach.

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According to PFRDA, total APY gross enrolments crossed 9.10 crore as on May 18, 2026.

Among public sector banks, State Bank of India, Union Bank of India and UCO Bank emerged as top performers, while IDBI Bank led the major private banks category. Regional rural banks and cooperative banks also recorded strong performance in APY enrolments during the financial year.

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