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NSE plans large capital market training programs in Bihar

India Blooms News Service | | May 08, 2015, at 05:28 am

#NSE plans large capital market training programs in Bihar

New Delhi/Patna, May 7 (IBNS): India's leading stock exchange-National Stock Exchange of India (NSE)-has plans to unleash large number of investor awareness programs in the current financial year in Bihar.

The exchange is also looking forward to partner the local government along with a few educational institutes to spread financial literacy at school level. The exchange is partnering various state governments and institutes in India.

Bihar which once used to own an active regional exchange has a long investment culture. Such educational initiatives will not only help to enlarge the capital market base in Bihar but will also help to build investment culture in the state. NSE has recently organised awareness programs in Arwal & Jehanabad districts. Going forward similar awareness programs are expected in several places of Bihar.

"It is very important to understand the features and benefits of financial products. Like in other states, we intend to partner the local government and institutions for educating people," Ravi Varanasi, NSE's Chief - Business Development said.

Last year, more than 20,000 participants including about 8000 college students. This includes major states like West Bengal, Odhisa, Jharkhand and Bihar. NSE has recently held close to 150 awareness programs in about 135 districts in the eastern region. In many such programs SEBI officials also participated with the exchange. Last month the exchange had tied up with the Nagaland state education board for educating young people.

In the last one year, 21 districts of Bihar have been covered viz; Arwal, Aurangabad, Bhagalpur, Bhojpur, Biharsharif, Buxar, Dhanbad, East Champaran, Gaya, Gopalganj, Jehanabad, Kishanganj, Muzaffarpur, Nalanda, Nawada, Patna, Purnia, Sasaram, Sitamarhi, Vaishali and West Champaran.

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