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Home Business Banking

India Post opens the door to capital markets

by Nav Jeevan
1 month ago
in Banking, Breaking News, Business, Capital Market, Delhi, National, Personal Finance, Youth
Reading Time: 2 mins read
0
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India Post opens the door to capital markets

(L–R) Rajul Bhatt, DDG (FS); Vandita Kaul, Secretary (Posts); and Prabhat Kumar Dubey, MD & CEO, Stock Holding Services Limited at the MoU signing between the Department of Posts and Stock Holding Services Limited (SSL) at Dak Bhawan, New Delhi. on Tuesday.-NE photo

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  • Department of Posts Partners with Stock Holding Services to Democratise Investing Nationwide
  • Pan-India Postal Network to Enable Demat, Mutual Funds, IPO Access and Investor Education
  • A Major Push Towards Financial Inclusion, Digital Empowerment and Viksit Bharat 2047

NE BUSINESS BUREAU
NEW DELHI, JAN 27

In a significant step towards deepening financial inclusion and expanding citizen participation in India’s regulated capital markets, the Department of Posts (DoP), Ministry of Communications, on Tuesday signed an agreement with Stock Holding Services Limited (SSL) at Dak Bhawan, New Delhi.

Leveraging India Post’s vast nationwide network of over 1.65 lakh post offices, including extensive coverage in rural and remote regions, the partnership aims to make capital market services more accessible, transparent, and citizen-friendly.

The collaboration will enable citizens to access SSL’s capital market services through digital onboarding links, QR codes, and official platforms, which will be made available at selected post office locations. Services offered under the agreement include opening of demat and trading accounts, mutual fund investments, participation in IPOs, and other approved investment products.

A key pillar of the partnership is investor awareness and financial literacy. With support from the Department of Posts, SSL will conduct structured investor education programmes, particularly targeting first-time investors and citizens in rural and semi-urban areas, encouraging informed and responsible participation in financial markets.

Speaking on the occasion, Vandita Kaul, Secretary (Posts), said the collaboration reflects a shared national commitment to financial inclusion and aligns with the vision of Viksit Bharat 2047.
She highlighted that the initiative will harness India Post’s trusted network and digital transformation to enable wider, secure, and inclusive access to capital markets for citizens across the country.

Prabhat Kumar Dubey, MD & CEO, Stock Holding Services Limited, expressed his happiness at being associated with the Department of Posts for the initiative. He stated that SSL is committed to expanding access to transparent and regulated capital market services and to strengthening investor awareness nationwide.

The partnership marks another milestone in India Post’s evolution into a digitally enabled, citizen-centric service delivery institution, and is expected to significantly contribute to investor empowerment, financial literacy, and long-term economic growth.

 

 

 

 

Tags: 'Viksit Bharat @ 2047Department of Posts SSL agreementdigital financial services Indiafinancial inclusion IndiaIndia Post capital market servicesIndia Post demat accountIndia Post financial transformationinvestor education programmeIPO access through post officemutual fund investment rural IndiaStock Holding Services Limited
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