Warning: session_start() [function.session-start]: Cannot send session cookie - headers already sent by (output started at /home/indiab/public_html/include/connDB.php:13) in /home/indiab/public_html/BusinessDetailsPage/2013/businessDetails260113b.php on line 3

Warning: session_start() [function.session-start]: Cannot send session cache limiter - headers already sent (output started at /home/indiab/public_html/include/connDB.php:13) in /home/indiab/public_html/BusinessDetailsPage/2013/businessDetails260113b.php on line 3

Warning: mysql_num_rows(): supplied argument is not a valid MySQL result resource in /home/indiab/public_html/BusinessDetailsPage/2013/businessDetails260113b.php on line 24
AIMCO FINEX joins IL&FS Securities Services
Make this your homepage
 
indian news portal IBNS
Business
indian news portal IBNS

AIMCO FINEX joins IL&FS Securities Services

India Blooms News Service




Kolkata, Jan 26 (IBNS): AIMCO FINEX, the equity and currency trading arm of the Kolkata based AIMCO group recently entered into partnership with IL & FS Securities Services Ltd, in the terms of equity and currency market to penetrate into the rural market of India.




The key role of the partnership is to increase the involvement of poor and underprivileged sections under the government authorized mutual funds and national pension system.

"AIMCO which has been doing a good job since 2009 as a community broker in India, now took one further step involving the rural belt of West Bengal, Jharkhand, Bihar, Orissa and north- eastern parts under this money market,” said the CEO of AIMCO Eman Kalyan Ghosh.

“We are happy to be associated with a brand like IL & FS Securities which is an authorized Point of Presence (POP) under NPS. The process is transparent under the regulation of the Pension Fund Regulatory and Development Authority (PFRDA) with clear investment norms and regular monitoring by the NPS trust.” said the CEO.

Ghosh added, “We are about to introduce Rajiv Gandhi Equity Scheme for the inclusion of newer investers in the money market especially from the rural hub."

"Every day they are being cheated by some of the unauthorized money agents who grab money from the innocent people. It is our step to make them aware of making investment with general aptitude."

Speaking on the issue how they would convince the rural people who are mostly illiterate or uneducated for making investment, AIMCO CEO said that they have already started a constant watch on the parts they have selected for Rajiv Gandhi Mutual Scheme and to make them aware of the fact of money venture chalk-blackboard teaching process at Panchayat offices have been started by agents.

The CEO asserted that for the first year a target people of 10 lakhs have been provided with chalk blackboard teaching techniques and other learning by 6000 active government agents for making them conscious about investment planning at the rural sector by AIMCO.

(Reporting by Barshali Banerjee)



To Post Your Comment On This Article Click Here
Comments Posted on this news:

There are no comments on this News.

Technology Video

Samsung Galaxy Camera coming to India by mid-November

'Angry Birds' creators launch new game

Samsung launches new oversized smartphone
More Technology Video »
Automobile Video

Lamborghini Aventador LP700-4

Nissan Evalia Launch

Premier Rio Preview
More Automobile Video »
Related Business News
AIMCO FINEX joins IL&FS Securities Services
AIMCO, IL&FS pair up for pension system
Bharati Airtel partially restores its services
GlobeCast partners Shanghai for broadcast services
 
More Business
Business Archive >>   



Tags
Odisha   Talcher   NTPC   solar plant   Jakson Group   Kurkure manufacture   PepsiCo India   Kurkure   L&T Construction   rupee   Thailand delegation visits Kolkata   Thailand delegation visits Kolkata   corporate performance   BSE 500   interest rates   Ind-Ra   Reliance Capital Limited   Smart Cash Plus Plan   Reliance Life Insurance   rural India   White Label ATMs   RBI   Srei   Hillshire Brands Company   business process outsourcing   Genpact Limited   Factories Business   Buildings   housing orders   L&T Construction   rupee   AdobeSAP AG   Europe   Information technology   social media platform   Facebook   free Facebook access   Aircel   rupee   GE Healthcare CTSI   Idea musicHUB   Idea Cellular Idea musicHUB   Marico appoints Saugata Gupta as MD   Marico appoints Saugata Gupta as MD   GlacialLight launches surface mounted lights   GlacialLight launches surface mounted lights   WABCO exhibits safety technologies   WABCO exhibits safety technologies   Gujarat NRE Coke receives CDR approval   Gujarat NRE Coke receives CDR approval  
indian news portal IBNS
indian news portal IBNS
indian news portal IBNS
 
About Us  |  Writers  |  Advertise with Us  |  Privacy Policy  |  Terms of Service  |  Contact Us  |  Sitemap   |  Send Feedback
Copyright © 2008 Indiablooms.com. All rights reserved.   Copyright / IP Policy   |  Company Info
Increase Page Rank