NE BUSINESS BUREAU
MUMBAI, NOV 12
The Investor Education and Protection Fund Authority (IEPFA) in collaboration with the National Council of Applied Economic Research (NCAER) and the Bombay Stock Exchange (BSE) organised a workshop on “Digitalisation of Financial Education: A Modern Approach for Investor Protection and Capital Market Development”. The workshop took place on Monday, at the BSE International Convention Hall in Mumbai.
"In today’s digital age, investors must be equipped with the tools and knowledge for informed decisions,” emphasised Ms. Anita Shah Akella, CEO of IEPFA and Joint Secretary at Ministry of Corporate Affairs, at the workshop on "Digitalisation of Financial Education: A Modern… pic.twitter.com/QJvjQw492h
— IEPFA (Investor Education and Protection Fund) (@authorityiepf) November 11, 2024
Designed to explore the transformative role of digital technologies, the workshop focuses on enhancing financial literacy, protecting investors, and fostering sustainable growth in the capital markets. As the financial ecosystem continues to evolve, understanding the opportunities and risks associated with digital tools and platforms has become critical for ensuring the safety of investors while supporting the long-term development of India’s capital markets.
- The opportunities and challenges posed by digital advancements were also highlighted in the workshop
- Sundararaman Ramamurthy, Chief Executive Officer and Managing Director at BSE India Ltd., shares insights into BSE’s commitment to promoting investor education, as well as the role of digitalisation in empowering investors and facilitating informed decision-making
- By embracing technology, we can ensure that investor protection and financial education reach every corner of India, empowering citizens and fostering sustainable growth in our capital markets: Anita Shah Akella, Chief Executive Officer of IEPFA
Since its establishment, the IEPFA has conducted numerous conferences, seminars and workshops aimed at enhancing financial literacy and awareness. These initiatives have played a pivotal role in educating investors and equip them with the tools to make informed financial decisions.
The workshop commenced with the inaugural address by Sundararaman Ramamurthy, Chief Executive Officer and Managing Director at BSE India Ltd., shared insights into BSE’s commitment to promoting investor education, as well as the role of digitalisation in empowering investors and facilitating informed decision-making.
Presenting the Keynote Address Anita Shah Akella, Chief Executive Officer of IEPFA and Joint Secretary at Ministry of Corporate Affairs, Government of India, focused on the government’s ongoing efforts to strengthen investor protection mechanisms and the role of IEPFA in ensuring that investors have the tools and resources necessary to understand the complexities of the financial markets.
She further discussed the importance of digital education in modernizing financial literacy efforts across India and stated, “In today’s digital age, it is essential for investors to be equipped with the tools and knowledge to make informed financial decisions. By embracing technology, we can ensure that investor protection and financial education reach every corner of India, empowering citizens and fostering sustainable growth in our capital markets.”
Featuring a distinguished panel of experts who shared their insights and experiences on various aspects of digital financial education, investor protection, and capital market development, the speakers comprised Dr. C. S. Mohapatra, IEPF Chair Professor at NCAER, who was the moderator and speaker; Shashikumar V., Executive Director at SEBI; Sashi Krishnan, Director at NISM and former Chief Executive Officer of NPS Trust; Navneet Munot, Chairman of AMFI and Managing Director & Chief Executive Officer at HDFC AMC Ltd.; Kamala Kantharaj, Capital Market Expert & Chief Regulatory Officer at BSE India Ltd.; and Bharat Panchal, Cyber Security Expert and Former Chief of Risk Management at NPCI.
Concluding with the vote of thanks delivered by Khushro Bulsara, Chief Risk Officer at BSE India Ltd., acknowledged the contributions of all speakers and participants, and emphasised that such workshop marks an important step in fostering a more digitally literate and secure financial ecosystem for Indian investors.
