Kotak Securities and NISM reach 68000 young Indian

Mumbai, 2 April, 2024: Kotak Securities Limited (KSL) introduced that it has imparted monetary literacy to greater than 68000 young Indians via its “Kona Kona Shiksha” initiative in collaboration with the National Institute of Securities Markets (NISM) throughout FY24. “Kona Kona Shiksha” is a CSR initiative launched in July 2021 to advertise monetary literacy to young residents of the nation.

Since its inception, NISM has performed 2626 packages at over 1700 faculties throughout 480 cities and reached 211955 college students by empanelling 303 useful resource individuals.

NISM – KSL’s CSR data companion and challenge supervisor – imparts “Kona Kona Shiksha” via empanelled Resource Persons who prepare faculty college students from throughout India and via on-line educating modules to young Indians. Each pupil undergoes a rigorous 10-hour coaching module, which concludes with a web-based evaluation and certification by NISM

“Kona Kona Shiksha” empowers college students with data on private finance, fundamentals of investing in securities markets, funding rules and practices, and many others. KSL’s CSR Project goals to create financially educated and expert youth and to open up profession alternatives within the monetary providers trade.

Shri Ashwani Bhatia, Director, NISM stated, “NISM is blissful to be related to Kotak Securities for this consciousness programme on Financial Literacy for Young Citizens. This programme has helped many young professionals perceive subjects starting from the fundamentals of funding and Securities market, its Institutional framework and its intermediaries and monetary providers at massive. There is a big unmet urge for food for such programmes throughout India and we’re certain that this initiative will reach out to extra cities and college students on this monetary 12 months.”

Narayan SA, Chairman, Kotak Securities, stated, “The success of Kona Kona Shiksha is within the numbers. Each 12 months we’re reaching extra young Indians and imparting monetary literacy, enabling them to be finance-savvy people. The journey we began in collaboration with NISM has had a big impression and continues to encourage us to broaden the programme throughout deep Bharat.’’

The suggestions from members has been optimistic and encouraging to date. In addition to “Kona Kona Shiksha”, Kotak Securities implements its CSR Project on Education & Livelihood in partnership with Kotak Education Foundation (KEF).