NSE-IPFT and IIM Bangalore launch Platform for Investor Education
Bengaluru, September 24, 2018: National Stock Exchange Limited Investor Protection Fund Trust (NSE IPFT) and IIM Bangalore (IIMB) jointly launched the Platform for Investor Education (PIE), at IIM Bangalore, here today.
The launch of this unique platform is a result of synergy between NSE’s Investor Protection Fund Trust (NSE IPFT) and IIM Bangalore’s Centre for Capital Markets and Risk Management (CCMRM).
NSE IPFT promotes research in the field of capital markets and carries out diverse activities in the area of investor education.
The Platform for Investor Education (PIE) was jointly launched by Mr. Vikram Limaye, MD and CEO, NSE and Prof. G. Raghuram, Director, IIM Bangalore.
Addressing the gathering of students and alumni of IIMB, professionals and academics, Vikram Limaye, MD and CEO, NSE, said: “This unique digital investor education and awareness offering reinforces our commitment to spreading capital market awareness in an easy to understand and simple to use format to public at large. Content is available on demand allowing investors to access whenever they have time and wherever they are located. Top notch experts in the field will work in making the offering relevant for entire spectrum of investors from first time investors to experienced investors.”
Prof. S.G. Badrinath, Chair of the Centre for Capital Markets and Risk Management at IIMB and the Canara Bank Chair in Banking and Finance at IIMB, said: “The Platform for Investor Education at IIMB will develop, disseminate and continually manage investor education content that is product neutral and demand driven. The material will incorporate the latest in digital technology”.
There are several unique features that can be attributed to the Platform for Investor Education.
First, IIMB’s educational materials would be product-neutral, unlike many offered by the other financial services entities.
Second, the content would be developed by experienced faculty who are cognizant of financial literacy efforts and will reflect current developments in financial markets.
Third, the materials will incorporate the latest in animation and data visualization technology, and will be made available on multiple platforms to actively engage different cohorts of potential investors.
Fourth, the Centre for Capital Markets and Risk Management aims to make this initiative much more than just large-scale online education, supplementing the videos with frequently updated web content as well as by conducting periodic investor forums at different locations.
The launch was followed by a distinguished investor panel discussion on ‘Investing in Indian Equities – The Past, The Present and The Future’. The panellists included Prashant Jain, Chief Investment Officer, Executive Director and Fund Manager, HDFC Asset Management Company Ltd., Navneet Munot, Chief Investment Officer, SBI Mutual Fund, and Mathew Cyriac, who co-headed Blackstone Group’s PE Business. The panel was moderated by Prof. S.G. Badrinath and Prof. Venkatesh Panchapagesan, faculty from the Finance & Accounting area at IIMB.
NSE has pioneered investor education programs that run through the length and the breadth of the country. Last year, NSE conducted over 2,400 investor seminars which were attended by more than one lakh and fifty thousand investors. In the current financial year NSE has plans to organize 2500 investor awareness programs covering more 500 districts across the nation.
NSE IPFT is a trust set up under the Bombay Public Trust Act, 1950 vide registration no. PTR No. E/16274. The objective of NSE IPFT is to create compensation fund to provide for claims of clients of defaulting trading members of stock exchange. In accordance with the terms of its trust deed, NSE IPFT also engages in and carries out several activities for educating investors, creating awareness amongst the investor communities and promote research in the field of capital market.
About Indian Institute of Management Bangalore:
Indian Institute of Management Bangalore (IIMB) is a leading graduate management school in Asia. Under the IIM Act of 2017, IIMB is an Institute of National Importance.
IIMB has 110 full-time faculty members, more than 1200 students, and nearly 5000 annual Executive Education participants.
IIMB’s logo carries a proclamation in Sanskrit, (tejasvi navadhitamastu), which translates as ‘let our study be enlightening’.
IIMB’s vision is to be a global, renowned academic institution fostering excellence in management, innovation and entrepreneurship for business, government and society.
Located in India’s high technology capital, IIMB is in proximity to some of the leading corporate houses in the country, ranging from information technology to consumer product companies, giving the school the added advantage of integrating classroom knowledge with practical experience.
IIMB’s degree/ diploma-granting programmes comprise the Executive Post Graduate Programme in Management (EPGP), the Fellow Programme in Management (FPM), the Post Graduate Programme in Enterprise Management (PGPEM), the Post Graduate Programme in Management (PGP), and the Post Graduate Programme in Public Policy and Management (PGPPM). All these programmes are very highly rated and IIMB alumni occupy senior managerial and academic positions around the world. IIMB also offers the NSR Pre-doctoral Fellowship (NSR Pre-doc).
An EQUIS-accredited school, IIMB has deep engagements with international networks, such as the Global Network for Advanced Management, a network of 32 eminent business schools around the world, and the Partnership in International Management, a consortium of more than 60 leading international business schools.
IIMB is on an exciting trajectory of expansion and growth.
About National Stock Exchange of India Limited (NSE):
The 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 June 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.
Disclaimer: National Stock Exchange of India Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, an initial public offer of its equity shares and has filed a draft red herring prospectus dated December 28, 2016 (“DRHP”) with Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of SEBI as well as on website of the Managers, Citigroup Global Markets India Private Limited athttp://www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm, JM Financial Institutional Securities Limited at www.jmfl.com, Kotak Mahindra Capital Company Limited at http://www.investmentbank.kotak.com, Morgan Stanley India Company Private Limited at http://www.morganstanley.com/about-us/global-offices/india/, HDFC Bank Limited at www.hdfcbank.com, ICICI Securities Limited at www.icicisecurities.com, IDFC Bank Limited at www.idfcbank.com and IIFL Holdings Limited at www.iiflcap.com. Potential investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see “Risk Factors” beginning on page 19 of the DRHP. Potential investors should not rely on the DRHP filed with SEBI for making any investment decision.
Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States.