Media Coverage

NSE launches AI-powered learning platform for BFSI industry 
It will assist banking and financial services sector in enhancing skills for their employees.
PTI| 6 January 2020

Leading stock exchange NSE on Monday launched Knowledge Hub, an artificial intelligencepowered learning eco-system which will assist banking and financial services sector in enhancing skills for their employees.
Besides, it will help academic institutions in preparing future ready talent skilled for the financial services industry.
The NSE Knowledge Hub, launched by NSE Academy, a wholly owned subsidiary of the National Stock Exchange (NSE), will bring world class content closer to learners in a personalised and community learning environment which allows aggregation, curation, creation and targeting of content, making it both learner centric and learner driven.
The learning platform is powered by content aggregated from many internal, external and premium sources, and enhanced by collaborative knowledge sharing from users.
Speaking on the launch, Piyush Goyal, Minister of Commerce and Industries and Minister of Railways said: "Today's initiative is a great outcome and I can foresee it resetting knowledge standard, particularly in the banking and financial service industry. India is contributing hugely to a better world not only for the people but also for the globe."
"NSE Knowledge Hub will connect the Digital India and financial sector and that is a great move forward. This uniqueness offered by NSE Knowledge Hub and its integration with artificial intelligence (AI) is something that will cater to anyone irrespective of the field they are in," he added.
The exchange's MD and CEO Vikram Limaye said NSE has democratised the access to capital markets and is focused on the financial well-being of the nation.
"In our constant endeavour to promote financial learning as a necessary life skill, NAL has embarked on an ambitious journey in the digital learning space and we are confident that this initiative will make us the Knowledge Exchange of India and we will be the first choice of millions of students and professionals in their financial learning journey," he added.
The learning platform hub shall identify and designate subject matter experts, curators and trainers who will do the last mile curation of machine curated content, thus allowing knowledge to be easily captured and shared among the community using an industry first video live streaming capability and ability to create individualised learning pathways

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NSE launches AI-powered learning platform Knowledge Hub
powered learning platform Knowledge Hub powered learning platform Knowledge Hub Spearheaded by NSE Academy, a wholly-owned subsidiary of NSE, the platform seeks to collaborate with organisations in the BFSI industry to enhance skills of their employees and academic institutions to prepare future-ready talent for the financial services industry
Aprajita Sharma|6 January 2020

National Stock Exchange (NSE) on Monday launched an AI-powered learning platform NSE Knowledge Hub in the presence of Union Minister of Railways and Commerce and Industry Piyush Goyal. The NSE Knowledge Hub will curate the content for learners from many internal, external and premium sources for the personalised learning experience.
Spearheaded by NSE Academy, a wholly-owned subsidiary of NSE, the platform seeks to collaborate with organisations in the BFSI industry to enhance skills of their employees and academic institutions to prepare future-ready talent for the financial services industry.
"Netflix knows about our entertainment behaviour, Amazon knows about our shopping behaviour. Is there an ecosystem that knows about our learning behaviour? NSE Knowledge Hub does it for you. It will track the behaviour of learners and availability of content and will do the match-making," says Abhilash Misra, Chief Executive Officer, NSE Academy.
Speaking at the event, Goyal expressed interest to partner with the NSE Knowledge Hub for the benefit of Railways employees. "I would love to see if my 13 lakh employees can be benefited by elementary knowledge of finance to understand the importance of numbers and do their own financial planning," he says.
The minister quoted a report by Accenture, saying that the AI and Machine learning has the potential to contribute $1 trillion to Indian economy by 2035. "If we were to make this as an endgame of our engagement with AI, initiatives like Knowledge Hub are a great way to get the financial world involved in achieving the target."
Vikram Limaye, MD & CEO, NSE said that the Knowledge Hub will bridge the gap between learning and earning. "We are confident that this initiative will make us the Knowledge Exchange of India and we will be the first choice of millions of students and professionals in their financial learning journey."
Speaking to Business Today, Misra said that the Knowledge Hub, which is a business-tobusiness subscription-based service, has received encouraging response from industry leaders and faculty in educational institutes during its pilot phase. "Once we collect some data, we'll open the platform for individuals by the next year."

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AI, ML to contribute $1 trillion to Indian economy by 2035: Piyush Goyal
The use of AI will ensure that the skill upgradation is affordable and accessible
Ajay Kumar Shukla|6 January 2020

Stretching the economy growth debate further on the back of artificial intelligence (AI) and machine learning (ML), Commerce and Industry Minister, Piyush Goyal predicted that AI and ML will contribute $1 trillion by 2035.
“AI and Machine Learning will contribute $1 trillion by 2035 and this is a good beginning by NSE to tap the potential of AI and use it as a tool to create a workforce in the BFSI sector,” Goyal said.
Goyal was speaking during the inauguration of National Stock Exchange (NSE) Knowledge Hub in New Delhi on Monday. The new hub is an Artificial Intelligence (AI) powered learning ecosystem that will assist the banking, financial services and insurance (BFSI) sector. “Although India has developed as the second largest fintech hub in the world, a lot of work still needs to be done in the BFSI sector,” he further added.
According to Goyal the ‘Knowledge Hub’ created by NSE will fill in the technology gaps and help the financial sector to move into the future. The NSE Knowledge Hub also looks to enhance skills and help academic institutions in preparing future-ready talent for the financial service industry. The new services will also be available on mobile and attempts are being made to bring together world class content and learners through this state- of- the- art and future- ready platform.
“The use of AI will ensure that the skill upgradation is affordable and accessible and helps in the creation of a workforce that is adequate for the requirements of the sector,” Piyush Goyal said.
Further Goyal hoped that the Knowledge Hub created by NSE will fill technology gaps and help the financial sector to move into the future.
He said that industry driven learning ecosystem will help India in building next generation skills and capabilities in the BFSI sector.
While assuring investors Goyal pledged his support to start-ups. “India is a safe investment destination today for investors, even the smallest of investors and this Knowledge Hub by NSE will strengthen and empower those working in the BFSI sector,” he said, adding that the new hub will benefit investors and the financial services to give world class services through knowledge, innovation and value- addition.
While assuring investors Goyal pledged his support to start-ups. “India is a safe investment destination today for investors, even the smallest of investors and this Knowledge Hub by NSE will strengthen and empower those working in the BFSI sector,” he said, adding that the new hub will benefit investors and the financial services to give world class services through knowledge, innovation and value- addition.

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Use of AI in different forms can help achieve $5 trillion economy target: Piyush Goyal 
He said various departments are working to see how AI, space technology and other modern tools can be used to push economic growth of the country.
PTI|6 January 2020

Use of artificial intelligence (AI) in different forms can help achieve the target of making India a USD 5 trillion economy in the coming years, Commerce and Industry Minister Piyush Goyal said on Monday.
He said various departments are working to see how AI, space technology and other modern tools can be used to push economic growth of the country.
"We in the government believe that AI can, in different forms, help us achieve the USD 5 trillion benchmark, which we have set for over (next) five years," he said here at a function. The minister added that AI can also help expand in a more cost- effective and outcomeoriented manner.
Goyal, who also has the railways portfolio, said in railways, a team is focusing to see how "we could benefit from AI" as the potential is humongous. "AI can help in every sector to do our job better," he said adding it can hep improve ease of living and ease of doing business.

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NSE launches AI-powered learning platform for BFSI industry
PTI|6 January 2020

New Delhi, Jan 6 () Leading stock exchange NSE on Monday launched Knowledge Hub, an artificial intelligence-powered learning eco-system which will assist banking and financial services sector in enhancing skills for their employees. Besides, it will help academic institutions in preparing future ready talent skilled for the financial services industry. The NSE Knowledge Hub, launched by NSE Academy, a wholly owned subsidiary of the National Stock Exchange (NSE), will bring world class content closer to learners in a personalised and community learning environment which allows aggregation, curation, creation and targeting of content, making it both learner centric and learner driven. The learning platform is powered by content aggregated from many internal, external and premium sources, and enhanced by collaborative knowledge sharing from users.
Speaking on the launch, Piyush Goyal, Minister of Commerce and Industries and Minister of Railways said: "Today's initiative is a great outcome and I can foresee it resetting knowledge standard, particularly in the banking and financial India is contributing hugely to a better world not only for the people but also for the globe."
"NSE Knowledge Hub will connect the Digital India and financial sector and that is a great move forward. This uniqueness offered by NSE Knowledge Hub and its integration with artificial intelligence (AI) is something that will cater to anyone irrespective of the field they are in," he added. The exchange's MD and CEO Vikram Limaye said NSE has democratised the access to capital markets and is focused on the financial well-being of the nation. "In our constant endeavour to promote financial learning as a necessary life skill, NAL has embarked on an ambitious journey in the digital learning space and we are confident that this initiative will make us the Knowledge Exchange of India and we will be the first choice of millions of students and professionals in their financial learning journey," he added. The learning platform hub shall identify and designate subject matter experts, curators and trainers who will do the last mile curation of machine curated content, thus allowing knowledge to be easily captured and shared among the community using an industry first video live streaming capability and ability to create individualised learning pathways.

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NSE launches AI-powered learning platform for BFSI industry
PTI|6 January 2020

Leading stock exchange NSE on Monday launched Knowledge Hub, an artificial intelligencepowered learning eco-system which will assist banking and financial services sector in enhancing skills for their employees.
Besides, it will help academic institutions in preparing future ready talent skilled for the financial services industry. The NSE Knowledge Hub, launched by NSE Academy, a wholly owned subsidiary of the National Stock Exchange (NSE), will bring world class content closer to learners in a personalised and community learning environment which allows aggregation, curation, creation and targeting of content, making it both learner centric and learner driven. The learning platform is powered by content aggregated from many internal, external and premium sources, and enhanced by collaborative knowledge sharing from users. Speaking on the launch, Piyush Goyal, Minister of Commerce and Industries and Minister of Railways said: "Today’s initiative is a great outcome and I can foresee it resetting knowledge standard, particularly in the banking and financial service industry. India is contributing hugely to a better world not only for the people but also for the globe." "NSE Knowledge Hub will connect the Digital India and financial sector and that is a great move forward. This uniqueness offered by NSE Knowledge Hub and its integration with artificial intelligence (AI) is something that will cater to anyone irrespective of the field they are in," he added. The exchange’s MD and CEO Vikram Limaye said NSE has democratised the access to capital markets and is focused on the financial well-being of the nation. "In our constant endeavour to promote financial learning as a necessary life skill, NAL has embarked on an ambitious journey in the digital learning space and we are confident that this initiative will make us the Knowledge Exchange of India and we will be the first choice of millions of students and professionals in their financial learning journey," he added. The learning platform hub shall identify and designate subject matter experts, curators and trainers who will do the last mile curation of machine curated content, thus allowing knowledge to be easily captured and shared among the community using an industry first video live streaming capability and ability to create individualised learning pathways

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NSE launches NSE Knowledge Hub for BFSI industry
Piyush Goyal inaugurated NSE Knowledge Hub in the presence of Vikram Limaye, MD & CEO, NSE and other dignitaries.
January 6, 2020 15:45 IST | India Infoline News Service

NSE Academy Limited (NAL), a wholly owned subsidiary of the National Stock Exchange of India Ltd (NSE) launched The NSE Knowledge Hub, a unique Artificial Intelligence (AI) powered learning eco-system to assist the BFSI sector in enhancing skills for their employees and helping academic institutions in preparing future ready talent skilled for the financial services industry.
Piyush Goyal, Hon’ble Minister of Commerce and Industries; Minister of Railways inaugurated NSE Knowledge Hub in the presence of Vikram Limaye, MD & CEO, NSE and other dignitaries.
NSE Knowledge Hub will bring world class content closer to learners in a personalized and community learning environment which allows aggregation, curation, creation and targeting of content making it both learner centric and learner driven. The learning platform is powered by content aggregated from many internal, external, and premium sources, and enhanced by collaborative knowledge sharing from users. The NSE Knowledge Hub shall identify and designate Subject Matter Experts (SMEs), Curators and Trainers who will do the last mile curation of machine curated content thus allowing knowledge to be easily captured and shared among the community using an industry first video live streaming capability & ability to create individualised learning pathways. The NSE Knowledge Hub will provide a scientifically structured learner journey to suit every requirement across all verticals.
In its pilot phase NSE Knowledge Hub has garnered very encouraging response and interest from industry leaders, especially Learning & Development experts and the faculty in educational institutions as this unique learning eco-system enhances the levels of performance for organizations that produces dramatic business and economic impact and value. NAL targets to have 100 plus leading education institutions and BFSI organisations as part of the community during the initial period.
Speaking on the occasion, Shri Piyush Goyal, Hon’ble Minister of Commerce and Industries; Minister of Railways said, ‘’Today’s initiative is a great outcome and I can foresee it resetting knowledge standard particularly in the Banking and Financial Service industry. India is contributing hugely to a better world not only for the people but also for the globe. NSE Knowledge Hub will connect the digital India and Financial sector and that is a great move forward. This uniqueness offered by NSE Knowledge Hub and its integration with Artificial Intelligence is something that will cater to anyone irrespective of the field they are in. This is a brilliant initiative and I compliment NSE in making this a reality in a very short period of time.’’
Vikram Limaye, MD & CEO, NSE said,” NSE has democratized the access to capital markets and is focused on the financial wellbeing of the nation. In our constant endeavour to promote financial learning as a necessary life skill, NAL has embarked on an ambitious journey in the digital learning space and we are confident that this initiative will make us the Knowledge Exchange of India and we will be the first choice of millions of students and professionals in their financial learning journey.”
NSE Knowledge Hub will provide a unique learning eco-system where organisations can define the learning strategy and business planning for their employees, track and measure the impact of learning. A Learning Experience Platform (LXP), an in-built application on the platform, functions as a curation and content aggregation layer between an organization’s internal digital learning assets, the vast amount of external content available on the Internet, and user generated content. Enterprises can upskill workforce and enhance employee performance through collaborative innovation. University/College learners can learn current skills and be future-ready thru content/certifications that complement their academic curriculum. NSE Knowledge Hub is powered by ‘Edcast’.
National Stock Exchange has been at the forefront of imparting Financial Education in the country and its association with schools, colleges and organizations has resulted in more than 2 million certified professionals in capital markets and over 3.2 million students learning basics of personal finance and investment. NAL supports the School Financial Literacy mission in the states of Tamil Nadu, Goa, Himachal Pradesh, Nagaland, Gujarat and Punjab in addition to its collaboration with Central Board of Secondary Education (CBSE) where its Financial Markets Management Program prepares and educates Secondary and Higher Secondary students on finance and related topics. NAL is the founding member of the BFSI Sector Skills Council of India and also works closely with Indian and global academic and industry accreditation bodies like Institute of Company Secretaries, India (ICSI), Maharashtra Knowledge Corporation Ltd (MKCL), Duke Corporate Education, USA, Deakin University Australia, Financial Planning Standards Board Ltd., USA (FPSB Ltd.), Association of Certified Chartered Accountants, UK (ACCA) and Institute of Mergers, Acquisitions and Alliances, Switzerland (IMAA).

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NSE Knowledge Hub will help in preparing talent for BFSI sector: Piyush Goyal
Speaking on this occasion Commerce & Industry Minister said that although India has developed as the second-largest fintech hub in the world, a lot of work still needs to be done in the BFSI sector.
Bureau|6 January 2020

Commerce and Industry & Railways Minister Piyush Goyal today inaugurated the National Stock Exchange (NSE) Knowledge Hub in New Delhi, an Artificial Intelligence (AI) powered learning ecosystem that will assist the banking, financial services, and insurance (BFSI) sector. Speaking on this occasion Commerce & Industry Minister said that although India has developed as the second-largest fintech hub in the world, a lot of work still needs to be done in the BFSI sector. He hoped that the Knowledge Hub created by NSE will fill in these gaps and help the financial sector to move into the future.
The NSE Knowledge Hub will enhance skills and help academic institutions in preparing future-ready talent for the financial service industry. It is also available on mobile and attempts to bring together world-class content and learners through this state- of- the- art and future-ready platform. Commerce and Industry Minister said that this industry-driven learning ecosystem will help India in building next-generation skills and capabilities in the BFSI sector. The use of AI will ensure that the skill upgradation is affordable and accessible and helps in the creation of a workforce that is adequate for the requirements of the sector said, Piyush Goyal. AI and Machine Learning will contribute USD 1 trillion by 2035 and this is a good beginning by NSE to tap the potential of AI and use it as a tool to create a workforce in the BFSI sector in India added the Minister.
Commerce and Industry Minister assured continued Government support to investors and startups and said that India is a safe investment destination today for investors, even the smallest of investors and this Knowledge Hub by NSE will strengthen and empower those working in the BFSI sector and will benefit investors and the financial services to give worldclass services through knowledge, innovation and value- addition.

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Indian Education Diary
Union Minister Piyush Goyal inaugurates The NSE Knowledge Hub
Bureau| 6 January 2020

New Delhi: NSE Academy Limited (NAL), a wholly owned subsidiary of the National Stock Exchange of India Ltd (NSE) today launched The NSE Knowledge Hub, a unique Artificial Intelligence (AI) powered learning eco-system to assist the BFSI sector in enhancing skills for their employees and helping academic institutions in preparing future ready talent skilled for the financial services industry.
Shri Piyush Goyal, Hon’ble Minister of Commerce and Industries; Minister of Railways today inaugurated NSE Knowledge Hub in the presence of Shri Vikram Limaye, MD & CEO, NSE and other dignitaries.
NSE Knowledge Hub will bring world class content closer to learners in a personalized and community learning environment which allows aggregation, curation, creation and targeting of content making it both learner centric and learner driven.
The learning platform is powered by content aggregated from many internal, external, and premium sources, and enhanced by collaborative knowledge sharing from users.
The NSE Knowledge Hub shall identify and designate Subject Matter Experts (SMEs), Curators and Trainers who will do the last mile curation of machine curated content thus allowing knowledge to be easily captured and shared among the community using an industry first video live streaming capability & ability to create individualised learning pathways.
The NSE Knowledge Hub will provide a scientifically structured learner journey to suit every requirement across all verticals.
In its pilot phase NSE Knowledge Hub has garnered very encouraging response and interest from industry leaders, especially Learning & Development experts and the faculty in educational institutions as this unique learning eco-system enhances the levels of performance for organizations that produces dramatic business and economic impact and value. NAL targets to have 100 plus leading education institutions and BFSI organisations as part of the community during the initial period.
Speaking on the occasion, Shri Piyush Goyal, Hon’ble Minister of Commerce and Industries; Minister of Railways said, ‘’Today’s initiative is a great outcome and I can foresee it resetting knowledge standard particularly in the Banking and Financial Service industry. India is contributing hugely to a better world not only for the people but also for the globe. NSE Knowledge Hub will connect the digital India and Financial sector and that is a great move forward. This uniqueness offered by NSE Knowledge Hub and its integration with Artificial Intelligence is something that will cater to anyone irrespective of the field they are in. This is a brilliant initiative and I compliment NSE in making this a reality in a very short period of time.’’
hri Vikram Limaye, MD & CEO, NSE said,” NSE has democratized the access to capital markets and is focused on the financial wellbeing of the nation. In our constant endeavour to promote financial learning as a necessary life skill, NAL has embarked on an ambitious journey in the digital learning space and we are confident that this initiative will make us the Knowledge Exchange of India and we will be the first choice of millions of students and professionals in their financial learning journey.”
NSE Knowledge Hub will provide a unique learning eco-system where organisations can define the learning strategy and business planning for their employees, track and measure the impact of learning. A Learning Experience Platform (LXP), an in-built application on the platform, functions as a curation and content aggregation layer between an organization’s internal digital learning assets, the vast amount of external content available on the Internet, and user generated content. Enterprises can upskill workforce and enhance employee performance through collaborative innovation. University/College learners can learn current skills and be future-ready thru content/certifications that complement their academic curriculum. NSE Knowledge Hub is powered by ‘Edcast’.

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NSE’s Knowledge Hub for BFSI Industry
Bureau|6 January 2020

MUMBAI: NSE Academy, a part of the National Stock Exchange of India Ltd started The NSE Knowledge Hub, an Artificial Intelligence (AI) powered learning eco-system to assist the BFSI (Banking, financial services and insurance) sector in enhancing skills for employees and helping academic institutions in preparing future ready talent skilled for the financial services industry, NSE informed.
The initiative will bring content to learners in a personalized and community learning environment which allows aggregation, curation, creation and targeting of content making it both learner centric and learner driven. It will identify and designate Subject Matter Experts (SMEs), Curators and Trainers who will do the last mile curation of machine curated content thus allowing knowledge to be easily captured and shared among the community using an industry first video live streaming capability & ability to create individualised learning pathways. The NSE Knowledge Hub will provide a scientifically structured learner journey to suit every requirement across all verticals. NSE Academy is targeting to have 100 plus leading education institutions and BFSI organisations as part of the community during the initial period, NSE said.
While launching the initiative, Union Minister Piyush Goyal said, ‘’NSE Knowledge Hub will connect the digital India and Financial sector and that is a great move forward.’’
Vikram Limaye, MD & CEO, NSE said,” We will be the first choice of millions of students and professionals in their financial learning journey.”

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Piyush Goyal inaugurates NSE knowledge hub
Bureau|6 January 2020

New Delhi, Commerce and Industry Minister Piyush Goyal on Monday inaugurated the National Stock Exchange (NSE) Knowledge Hub, an Artificial Intelligence (AI) powered learning ecosystem that will assist the banking, financial services and insurance (BFSI) sector. Speaking on this occasion here, Mr Goyal said although India has developed as the second largest fintech hub in the world, a lot of work still needs to be done in the BFSI sector. He hoped that the Knowledge Hub created by NSE will fill in these gaps and help the financial sector to move into the future. The NSE Knowledge Hub will enhance skills and help academic institutions in preparing future-ready talent for the financial service industry. It is also available on mobile and attempts to bring together world class content and learners through this state- of- the- art and future- ready platform.
This industry driven learning eco-system will help India in building next generation skills and capabilities in the BFSI sector, he stated. Mr Goyal said the use of AI will ensure that the skill upgradation is affordable and accessible and helps in the creation of a workforce that is adequate for the requirements of the sector. AI and Machine Learning will contribute USD 1 trillion by 2035 and this is a good beginning by NSE to tap the potential of AI and use it as a tool to create a workforce in the BFSI sector in India, added the Minister.
He assured continued Government support to investors and startups and said that India is a safe investment destination today for investors, even the smallest of investors and this Knowledge Hub by NSE will strengthen and empower those working in the BFSI sector and will benefit investors and the financial services to give world class services through knowledge, innovation and value- addition.

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Piyush Goyal inaugurates NSE Knowledge Hub
Bureau|6 January 2020

Union Minister for Commerce and Industries Piyush Goyal has said that Artificial Intelligence and machine learning will contribute one trillion dollars by the year 2035.
He said, artificial intelligence-powered learning ecosystem will assist the banking, financial services and insurance sector.
The Minister today inaugurated the National Stock Exchange (NSE) Knowledge Hub in New Delhi.
He said, this is a good beginning by NSE to tap the potential of artificial intelligence and use it as a tool to create a workforce in the financial sector. He said, India is a safe investment destination for investors.

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Piyush Goyal inaugurates NSE Knowledge Hub 
Bureau|6 January 2020

Union Minister for Commerce and Industries Piyush Goyal has said that Artificial Intelligence and machine learning will contribute one trillion dollars by the year 2035.
He said, artificial intelligence-powered learning ecosystem will assist the banking, financial services and insurance sector.
The Minister today inaugurated the National Stock Exchange (NSE) Knowledge Hub in New Delhi.
He said, this is a good beginning by NSE to tap the potential of artificial intelligence and use it as a tool to create a workforce in the financial sector. He said, India is a safe investment destination for investors.

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The NSE Knowledge Hub launch
Bureau|6 January 2020

New Delhi: Minister of Commerce and Industries Piyush Goyal speaks during the inauguration of ‘The NSE Knowledge Hub’ in New Delhi,

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Emphasizing need to assume gravity of Artificial Intelligence, India hails launch of 'NSE Knowledge Hub'
Bureau|6 January 2020

New Delhi, January 06: "An investment in such a knowledge hub, an investment which directly connects our learners to become bigger earners in their life can lead to large scale benefits for the whole country", affirmed Commerce Minister Piyush Goyal on Monday while addressing the delegates at the launch of National Stock Exchange's initiative 'NSE Knowledge Hub' today.
The evolution of the National Stock Exchange to one of the world's top organisations in business has made nation proud. This initiative of NSE India is slated to help reset knowledge standards, make them far more contemporary and bring them on a live platform. "This is the greatest outcome I can foresee from the knowledge hub", Goyal noted.
Educating people about the potential in the financial world, about different areas in the financial world and superimposing artificial intelligence to tailor make it to each one's needs is truly a brilliant concept. BJP govt believes artificial intelligence in different forms, can help us achieve the $5 trillion benchmark over the next 5 years but also help us do it effectively and efficiently, he said.
"Preparing a workforce for the future of India, for a future where they have to handle a $5 trillion & going forward at $10 & $20 trillion dollar economy, preparing them from today is certainly an excellent way to begin the New Year", he added.
The Accenture report had said that artificial intelligence and machine learning has the potential to contribute nearly $1 trillion to the Indian economy by 2035. "Safety lies in engagement with the future, with modern technology, with modern tools and today's launch is a good beginning to make sure the financial world & our professionals don't get behind in the time to come", he affirmed.
PM Modi had earlier said that skill development has the potential to truly transform India, take India to the next level and provide children with contemporary knowledge. He wants ministries to get that sense of urgency in the whole team to understand the importance of artificial intelligence and how that can help us take the nation on the fast track.
"Its truly wonderful that the NSE India knowledge hub will give an individual the chance to assess his own aptitude and based on his own capabilities, artificial intelligence tools will help tailor a programme for his success in the future", the Commerce Minister said addinh that for economic activity as well as for social good, its a great opportunity to use artificial intelligence.

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Piyush Goyal inaugurates NSE knowledge hub
Bureau|6 January 2020

New Delhi, Jan 6: Commerce and Industry Minister Piyush Goyal on Monday inaugurated the National Stock Exchange (NSE) Knowledge Hub, an Artificial Intelligence (AI) powered learning ecosystem that will assist the banking, financial services and insurance (BFSI) sector.
Speaking on this occasion here, Mr Goyal said although India has developed as the second largest fintech hub in the world, a lot of work still needs to be done in the BFSI sector.
He hoped that the Knowledge Hub will fill in these gaps and help the financial sector to move into the future. It will enhance skills and help academic institutions in preparing futureready talent for the financial service industry. It is also available on mobile and attempts to bring together world class content and learners through this state- of- the- art and future- ready platform. This industry driven learning eco-system will help India in building next generation skills and capabilities in the BFSI sector, he stated.(UNI)

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NSE launches NSE Knowledge Hub for BFSI Industry
Saurav Porwal|6 January 2020

NSE Academy Limited (NAL), a wholly-owned subsidiary of the National Stock Exchange of India Ltd (NSE) today launched The NSE Knowledge Hub, a unique Artificial Intelligence (AI) powered learning eco-system to assist the BFSI sector in enhancing skills for their employees and helping academic institutions in preparing future-ready talent skilled for the financial services industry.
Shri Piyush Goyal, Hon’ble Minister of Commerce and Industries; Minister of Railways today inaugurated NSE Knowledge Hub in the presence of Shri Vikram Limaye, MD & CEO, NSE and other dignitaries.
NSE Knowledge Hub will bring world-class content closer to learners in a personalized and community learning environment which allows aggregation, curation, creation and targeting of content making it both learner-centric and learner-driven. The learning platform is powered by content aggregated from many internal, external, and premium sources, and enhanced by collaborative knowledge sharing from users.
The NSE Knowledge Hub shall identify and designate Subject Matter Experts (SMEs), Curators and Trainers who will do the last mile curation of machine curated content thus allowing knowledge to be easily captured and shared among the community using an industry-first video live streaming capability & ability to create individualised learning pathways. The NSE Knowledge Hub will provide a scientifically structured learner journey to suit every requirement across all verticals.
In its pilot phase, NSE Knowledge Hub has garnered very encouraging response and interest from industry leaders, especially Learning & Development experts and the faculty in educational institutions as this unique learning eco-system enhances the levels of performance for organizations that produce dramatic business and economic impact and value. NAL targets to have 100 plus leading education institutions and BFSI organisations as part of the community during the initial period.
Speaking on the occasion, Shri Piyush Goyal, Hon’ble Minister of Commerce and Industries; Minister of Railways said, ‘’Today’s initiative is a great outcome and I can foresee it resetting knowledge standard particularly in the Banking and Financial Service industry. India is contributing hugely to a better world not only for the people but also for the globe. NSE Knowledge Hub will connect the digital India and Financial sector and that is a great move forward. This uniqueness offered by NSE Knowledge Hub and its integration with Artificial Intelligence is something that will cater to anyone irrespective of the field they are in. This is a brilliant initiative and I compliment NSE in making this a reality in a very short period of time.’’
Shri Vikram Limaye, MD & CEO, NSE said,” NSE has democratized the access to capital markets and is focused on the financial wellbeing of the nation. In our constant endeavour to promote financial learning as a necessary life skill, NAL has embarked on an ambitious journey in the digital learning space and we are confident that this initiative will make us the Knowledge Exchange of India and we will be the first choice of millions of students and professionals in their financial learning journey.”
NSE Knowledge Hub will provide a unique learning eco-system where organisations can define the learning strategy and business planning for their employees, track and measure the impact of learning. A Learning Experience Platform (LXP), an in-built application on the platform, functions as a curation and content aggregation layer between an organization’s internal digital learning assets, the vast amount of external content available on the Internet, and user-generated content. Enterprises can upskill the workforce and enhance employee performance through collaborative innovation. University/College learners can learn current skills and be future-ready thru content/certifications that complement their academic curriculum. NSE Knowledge Hub is powered by ‘Edcast’.
National Stock Exchange has been at the forefront of imparting Financial Education in the country and its association with schools, colleges and organizations has resulted in more than 2 million certified professionals in capital markets and over 3.2 million students learning basics of personal finance and investment. NAL supports the School Financial Literacy mission in the states of Tamil Nadu, Goa, Himachal Pradesh, Nagaland, Gujarat and Punjab in addition to its collaboration with Central Board of Secondary Education (CBSE) where it’s Financial Markets Management Program prepares and educates Secondary and Higher Secondary students on finance and related topics. NAL is the founding member of the BFSI Sector Skills Council of India and also works closely with Indian and global academic and industry accreditation bodies like Institute of Company Secretaries, India (ICSI), Maharashtra Knowledge Corporation Ltd (MKCL), Duke Corporate Education, USA, Deakin University Australia, Financial Planning Standards Board Ltd., USA (FPSB Ltd.), Association of Certified Chartered Accountants, UK (ACCA) and Institute of Mergers, Acquisitions and Alliances, Switzerland (IMAA).
About National Stock Exchange of India Limited (NSE):
National Stock Exchange of India Ltd. (NSE) is the leading stock exchange in India and the second largest in the world by nos. of trades in equity shares from January to December 2018, according to World Federation of Exchanges (WFE) report. NSE was the first exchange in India to implement electronic or screen-based trading. It began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on SEBI data. NSE has a fully-integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings. NSE also oversees compliance by trading and clearing members with the rules and regulations of the exchange. NSE is a pioneer in technology and ensures the reliability and performance of its systems through a culture of innovation and investment in technology. NSE believes that the scale and breadth of its products and services, sustained leadership positions across multiple asset classes in India and globally enable it to be highly reactive to market demands and changes and deliver innovation in both trading and non-trading businesses to provide high-quality data and services to market participants and clients.

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Artificial intelligence, machine learning will contribute $1 trillion to Indian economy:
Piyush Goyal
Bureau|6 January 2020

Use of artificial intelligence will ensure that skill upgradation is affordable and accessible and helps in the creation of a workforce, said Piyush Goyal Piyush Goyal, Commerce and Industry and Railways Minister, inaugurated the National Stock Exchange (NSE) Knowledge Hub in New Delhi, an Artificial Intelligence (AI) powered learning ecosystem that will assist the banking, financial services and insurance (BFSI) sector, according to a PIB release.
“I believe the next phase of India’s growth will be knowledge-driven,” said Piyush Goyal while addressing the crowd. Speaking on this occasion Commerce and Industry Minister also said that although India has developed as the second-largest fintech hub in the world, a lot of work still needs to be done in the BFSI sector. He hoped that the Knowledge Hub created by NSE will fill in these gaps and help the financial sector to move into the future.
The NSE Knowledge Hub will enhance skills and help academic institutions in preparing future-ready talent for the financial service industry. It is also available on mobile and attempts to bring together world-class content and learners through this state- of- the- art and future-ready platform.
Vikram Limaye, MD and CEO of National Stock Exchange (NSE), also addressed the gathering saying “our certifications at the school, college and professional level have empowered more than 5 million learners with knowledge of financial markets. Not only assisting them in deciding careers in the BFSI industry but also in building personal money management skills.”
“As an institution of national importance, over the years we have developed a deep insight into markets and our association with global academic and professional entities has helped us in raising the standards of compliance, governance and risk management,” he added. “The industry-driven learning ecosystem will help India in building next-generation skills and capabilities in the BFSI sector. The use of AI will ensure that the skill upgradation is affordable and accessible and helps in the creation of a workforce that is adequate for the requirements of the sector” said Piyush Goyal. Artificial intelligence and machine learning will contribute USD 1 trillion by 2035 and this is a good beginning by NSE to tap the potential of AI and use it as a tool to create a workforce in the BFSI sector in India added the Minister. Commerce and Industry Minister assured continued Government support to investors and startups and said that India is a safe investment destination today for investors, even the smallest of investors and this Knowledge Hub by NSE will strengthen and empower those working in the BFSI sector and will benefit investors and the financial services to give world class services through knowledge, innovation and value-addition.

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