The National Stock Exchange of India (NSE) and the Department of Posts have signed a pivotal MoU to expand the reach of mutual funds nationwide. Announced on Tuesday in New Delhi, the deal leverages 1.64 lakh post offices to serve as access points for retail investors. The partnership involves certifying postal staff through NISM and providing them access to NSE’s digital platform for seamless mutual fund transactions. This initiative is a major step toward financial inclusion, aiming to bring capital market products to rural and semi-urban areas. Shriram Krishnan of NSE emphasized that the goal is to create a compliant and investor-centric distribution system, making wealth creation accessible to every segment of the Indian population.
Trending
- UN’s Guterres in Crisis Talks Over Iran Tensions and Oil Crisis
- T20 WC Head-to-Head: SA’s Edge Over NZ in Semi-Final
- Firaq Gorakhpuri: Poet of Pain, Patriotism and Gita Wisdom
- PGTI League Final Spots: Rajasthan’s Slim Lead Intensifies Drama
- Trump’s 2026 Trade Overhaul: Deals with India, China Focus
- From Failures to Glory: Ganguly’s Lessons on Self-Confidence
- Manipur CM Launches Excise Vehicles to Tighten Liquor Controls
- Two Bangladeshis Perish Amid Iran Retaliation Strikes
Mutual Fund Access for All: NSE and India Post Strategic Alliance
