In his first major interview with Lakshman Roy, Economic Policy Editor at CNBC Awaaz, newly appointed SEBI Chief Tuhin Kanta Pandey reaffirmed SEBI’s commitment to investor protection and outlined plans to strengthen financial awareness through dedicated investor education programmes.
A group of fintechs have smelled an opportunity in the financial services market that focus on children, which is largely under-penetrated. Many firms like Muvin and Pencilton have already launched products like pre-paid cards, and many have either raised funds or are planning to do so to tap the market.
The National Stock Exchange (NSE) of India has been actively involved with initiatives to educate the young generation of the country on the importance of financial management. After NSE FinWiz and NSE Funancial Quest, NSE Base Camp is an initiative where students from across India participated in order to learn and spread financial awareness.
NSE through LIFE, an initiative to promote and spread financial literacy as a necessary life skill, brought schools across India, Basecamp, a workshop for students of class VIII and IX imparting knowledge on financial management.