National Stock Exchange of India Ltd (NSE) took part in ‘Ring the Bell for Financial Literacy’ with an objective to raise awareness about the importance of investor education & protection and highlight the various initiatives of securities regulators in these two critical areas.
As part of this initiative, NSE rang the closing bell today to mark the beginning of the World Investor Week 2020 in the presence of Shri G P Garg, Executive Director, SEBI. NSE is celebrating WIW 2020 with SEBI as the National Coordinator under the aegis of IOSCO. During this week, more than 500 Investor Awareness virtual webinars would be conducted by NSE across India. One unique new initiative for this year is “Be Your Own Laxmi”, it is focused on young women earners and women entrepreneurs where more than 2500 women would be participating this week. A National level Investor knowledge Quest is also being organised jointly with NSDL. The Investor Awareness Campaigns will also be amplified on NSE’s digital Platform for Investor Education.
Mr. Ravi Varanasi, Chief Business Development Officer, NSE said, “The ringing of the closing bell today marks the celebration of World Investor Week 2020. Investor education program is an initiative by NSE to strengthen engagement with communities across the country. The objective is to equip existing and potential investors with the knowledge and understanding of the financial markets and guide them in effective financial planning. NSE has always focused on what is in the best interests of the Indian economy, markets and investors and in improving the financial wellbeing of people.”
On this occasion, Shri G P Garg, ED, SEBI said, “Investor should take well informed decisions pertaining to investments. Every investor should understand the risk associated with investments.”
NSE has been participating and celebrating World Investor Week (WIW) since its inception in 2017. Last year NSE conducted more than 3700 Investor Awareness Programs covering 98% districts Pan India.