NSE joins Global Exchanges in Ringing the Bell to mark the celebration of World Investor Week 2019

NSE joins the Global Exchanges in Ringing the Bell for Financial Literacy

Bureau|1 October 2019

Rising Investor participation from small towns is reflective of huge success achieved from financial literacy and Investor education.

For the third consecutive year, a global collaboration across 88 stock exchanges and 8 regional and global organizations around the world participated in the ‘Ring the Bell for Financial Literacy’ initiative, to raise awareness about the importance of investor education and protection and highlight the various initiatives of securities regulators in these two critical areas.

NSE’s Financial Literacy initiatives over the last few years has resulted in cities ranked beyond 10 accounted for around 68% of new investor registrations and cities ranked beyond 100 accounted for about 43% of new investor registrations in FY 2018-19.

NSE targets to organise higher number of Investor Awareness Programs in this year as compared to the last year. The exchange conducted more than 4000 Investor Awareness Programs during the last year.

Speaking on the occasion, Vikram Limaye, MD&CEO, NSE said: “The ringing of the closing bell marks the celebration of third annual edition of World Investor Week 2019. Investor education program is an initiative by NSE to strengthen the on-ground engagement with communities across the country. The growing interest and the entry of small-town investors into Equity Markets is reflective of robust investor education initiatives.”

“We at NSE are committed to develop the market ecosystem and will continue to organize such programs for the benefit of the investors,” Limaye added.

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NSE joins global exchanges for financial literacy

PTI|1 October 2019

NSE Tuesday joined 88 other global exchanges to observe world investor week 2019 through a special initiative dubbed as 'Ring the Bell for Financial Literacy'.

The initiative is aimed at raising awareness about the importance of investor education and protection and highlight various initiatives of securities regulators in these two critical areas.

 As part of this initiative, the National Stock Exchange (NSE) rang the closing bell on Tuesday to mark the beginning of the World Investor Week 2019, the bourse said in a statement.

Under the initiative, the NSE will organise more than 200 on ground investor awareness programmes across the country, majorly in Tier-II and Tier-III cities. These programmes would be conducted in collaboration with markets regulator Securities and Exchange Board of India (Sebi).

"Ringing of the closing bell marks the celebration of third annual edition of World Investor Week 2019. Investor education program is an initiative by the NSE to strengthen the on-ground engagement with communities across the country. The growing interest and the entry of small-town investors into equity markets is reflective of robust investor education initiatives," NSE MD and CEO Vikram Limaye said.

"We at the NSE are committed to develop the market ecosystem and will continue to organise such programs for the benefit of the investors," he added.

In awareness drive, Sebi reaches out to 0.5 million investors

Limaye said 98 per cent of the districts has already been covered as part of the investor awareness programme over the past year. As much as 619 districts and 639 small towns were covered in the last financial year which witnessed more than 2 lakh participants.

PTI|1 October 2019

To drive investor awareness, the markets regulator Sebi has roped in 1,500 people who have reached out to 50 lakh people till now, a senior official said on Tuesday. Investor education and awareness are in the preamble o the Securities & Exchange Board, its executive director Nagendra Parakh said.

“As a regulator, we not only help the market growth but also help reduce the regulatory burden when the investor is educated,” he said, according to a copy of the speech shared by the organisers. Speaking at an event to mark the end of the world investor week, Parakh said. Sebi has recruited 1,500 people wh are reaching out to over 50 lakh with the same aim in mind At the same event, the head of the largest stock bourse NSE, Vikram Limaye, said even though the metros have been top contributors to the capital markets, digital solutions have helped take the story to retail participants in small towns. Limaye said 98 per cent of the districts has already been covered as part of the investor awareness programme over the past year. As much as 619 districts and 639 small towns were covered in the last financial year which witnessed more than 2 lakh participants.

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