Just a moment...

Report
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

IEPFA and IPPB Sign MoA to Launch Phase 2 of “Niveshak Didi” to Boost Rural Women’s Financial Literacy

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....EPFA and IPPB Sign MoA to Launch Phase 2 of “Niveshak Didi” to Boost Rural Women’s Financial Literacy<BR>News and Press Release<BR>Dated:- 9-4-2025<BR><BR>"Niveshak Didi" trains women postal workers and community leaders to act as financial educators within their local regions The initiative Empowers Women, Promotes Financial Literacy and reaches 55,000 beneficiaries in Rural India New Del....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....hi, April 8, 2025 - In a landmark step toward financial inclusion and rural empowerment, the Investor Education and Protection Fund Authority (IEPFA), under the aegis of the Ministry of Corporate Affairs, and India Post Payments Bank (IPPB), operating under the Department of Posts, have signed a Memorandum of Agreement (MoA) to jointly launch Phase 2 of the "Niveshak Didi" initiative. This strateg....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ic collaboration aims to scale financial literacy among women in rural, semi-urban, and underserved areas through grassroots mobilization and community-driven education. "Niveshak Didi" is a unique initiative that trains women postal workers and community leaders to act as financial educators within their local regions. During Phase 1, more than 55,000 beneficiaries participated in IPPB Financial....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Literacy Camps across India, with approx. 60% female beneficiaries mostly in the youth & economically active age group. Every 2 out of 3 such beneficiaries belonged to deep rural locations ensuring maximum penetration at the grassroots levels. Building on the success of Phase 1, this new phase will see the deployment of over 4,000 financial literacy camps across India. These camps will be led by....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... almost 40,000 women postal workers trained as Niveshak Didis, who will conduct sessions on responsible investing, fraud awareness, savings habits, and digital banking tools. Lt Col Aditya Sinha (Retd.), General Manager, IEPFA, highlighted the mission behind the initiative, "Niveshak Didi goes beyond being a campaign - it drives a grassroots movement that delivers financial knowledge directly to ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....the last mile. We aim to empower rural women with the skills and confidence to make informed financial decisions. By partnering with IPPB, we ensure that awareness turns into action and that financial education becomes a catalyst for real community transformation. We believe that when women gain financial literacy, entire families and communities benefit." Mr. Gursharan Rai Bansal, Chief General ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Manager & CSMO, IPPB, added with conviction, "We see women as natural community influencers. When we provide them with the right knowledge and tools, they don't just manage their own finances better - they lead change in their communities. Through this partnership with IEPFA, we are deepening our mission to bring inclusive, accessible banking to every doorstep. Niveshak Didi enables us to build tr....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ust, inspire & share financial discipline, and create a lasting impact at the grassroots level." About Investor Education And Protection Fund Authority The Investor Education and Protection Fund Authority (IEPFA) is a statutory body functioning under the Ministry of Corporate Affairs, Government of India. It was established with a key objective to ensure that investors across the country are bot....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....h informed and protected. In today's dynamic financial landscape, where products and services are constantly evolving, the role of IEPFA becomes even more significant. IEPFA plays a crucial role in promoting financial literacy, making it easier for individuals to understand the importance of managing personal finances. From budgeting and saving to making informed investment decisions, IEPFA empow....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ers citizens with the knowledge needed to make sound financial choices. One of its primary missions is to educate people about their rights and responsibilities as investors. This becomes particularly important for individuals living in rural and underserved areas, who may have limited access to reliable financial education or resources. By reaching out to these communities, IEPFA ensures that no....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... one is left behind in the journey toward financial empowerment. IEPFA's vision is to build a financially aware and confident India, where every individual, regardless of background, has the tools and knowledge to secure their financial future. About India Post Payments Bank India Post Payments Bank (IPPB) has been established under the Department of Posts, Ministry of Communication with 100% e....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....quity owned by the Government of India. IPPB was launched on September 1, 2018. The bank has been set up with the vision to build the most accessible, affordable and trusted bank for the common man in India. The fundamental mandate of India Post Payments Bank is to remove barriers for the unbanked & underbanked and reach the last mile leveraging the Postal network comprising ~1,65,000 Post Offices....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... (~140,000 in rural areas) and ~3,00,000 Postal employees. IPPB's reach and its operating model is built on the key pillars of India Stack - enabling Paperless, Cashless and Presence-less banking in a simple and secure manner at the customers&#39; doorstep, through a CBS-integrated smartphone and biometric device. Leveraging frugal innovation and with a high focus on ease of banking for the masse....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s, IPPB delivers simple and affordable banking solutions through intuitive interfaces available in 13 languages to 11 Crore customers across 5.57 lakh villages & towns in India. IPPB is committed to provide a fillip to a less cash economy and contribute to the vision of Digital India. India will prosper when every citizen will have equal opportunity to become financially secure and empowered. Our....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... motto stands true - Every customer is important, every transaction is significant and every deposit is valuable.<BR> News - Press release - PIB....