Financial Literacy

NSFI 2025-30: Strengthening last-mile access, improving financial services

RBI's NSFI 2025-30 aims to deepen financial inclusion with stronger last-mile delivery, gender-sensitive outreach, expanded BC networks, and pilots of programmable CBDC for targeted credit

Can banking regulator consider a 'check' tool for online deposit safety?

The Reserve Bank of India has already put in place a detailed fraud risk management framework for all regulated entities

Mango Millionaires: The common man's guide to financial independence

Why for beginners financial independence is less about picking the right stocks and more about avoiding mistakes early on

Beyond clicks and scrolls: Digital financial education for Viksit Bharat

Financial literacy should not be an occasional campaign or an app feature-it must be an ongoing, evolving journey

Sebi updates investor charter for advisers, analysts to aid literacy

Markets regulator Sebi on Monday tweaked the investor charter for investment advisers and research analysts to enhance financial inclusion and financial literacy. This came in view of the recent developments in the securities market, including the introduction of the Online Dispute Resolution (ODR) platform and SCORES 2.0 -- a web-based centralised grievance redressal system of Sebi. The modified charter includes vision, mission, services provided to investors and details of business transacted by investment advisers (IAs) /research analysts with respect to their investors, according to separate circulars. Additionally, it includes rights and responsibilities of investors; details of redressal mechanism available to investors and how to access it, along with formats for investors complaints data to be disclosed monthly by IAs and RAs on their website and mobile applications and trend of annual disposal of complaints. The markets regulator has investment advisers and research analys

International Women's Day: Financial road map to go from debt to wealth

Despite rising literacy, professional exposure, and financial independence, many young women hesitate to take full control of their finances

Sebi bans 'she wolf' of stock market YouTuber in finfluencer crackdown

The market regulator has seized Rs 54 crore in ill-gotten gains from Asmita Patel

Sebi cracks down on 'finfluencers' with new rules on stock education

Sebi's latest circular states that stock market educators can only use stock prices with a three-month lag, effectively preventing them from offering real-time trading tips disguised as education

Sebi cracks down on YouTuber for illegal investment advisory services

Sebi's investigation revealed that YouTuber Ravindra Balu Bharti and his company targeted novice investors by providing unregistered investment advice, trade recommendations, and execution services

NSE and Zomato partner to boost financial literacy for delivery workers

The National Stock Exchange of India (NSE) on Tuesday said it has inked a pact with online food delivery platform Zomato to promote financial literacy and investor awareness programmes among the gig economy workers. This partnership aims to launch an extensive financial literacy and investor awareness drive, specifically designed for Zomato's delivery partners, impacting the lives of over 50,000 gig workers across the country, NSE said in a statement. As a part of the pact, fundamental aspects of personal finance management and the basics of investing will be covered. Topics will include budgeting, saving, investing, debt management, and insurance, among others. To ensure accessibility and inclusivity, the programme will be conducted in multiple regional languages, catering to a diverse audience among the gig workforce. "This partnership with Zomato is a significant step in expanding our outreach to a critical segment of the workforce that drives the digital economy. By equipping .

Raksha Bandhan 2024: Gift your sister financial literacy; some tips for you

Whether it's an investment in her future or contributing to her financial goals, a financial gift could be the most meaningful present you give this year

77% low-income households saw no income increase in the past 5 yrs: Report

A Redseer survey on low to middle income households found that 65% respondents relied on family and friends for financial support, citing medical emergencies as a major cause for savings depletion

Young Indians take to SIP on financial literacy: WhiteOak MF official

Ease of transactions through the digital mode, rising disposable incomes and increased financial literacy are prompting young Indians to venture into mutual funds' Systematic Investment Plan (SIP), a top official of WhiteOak Capital Mutual Fund said. WhiteOak Capital Mutual Fund, which has 3.33 lakh investors and manages assets worth Rs 8,400 crore since its began operations one-and-half-years ago, said GenZs and Millennials account for 56 per cent of their investors. Millennials, also known as Gen Y, are typically defined as those born between 1981 and 1996. Generation Z, or GenZ, are those born between 1997 and 2012. The data shared by the fund house showed that 28 per cent each of its 3.33 lakh investors belong to the 18-35 years and 35-45 years age groups. The majority of its investors -- 51 per cent -- came through digital channels at the age of 18-35 years. "As millennials and GenZ are digital natives, it is quite natural for them to prefer technologically centric financial

Nearly 90% of young people lack ability to calculate loan repayments

The exercise involved calculating the total amount to be repaid after a year if one is given the loan amount and the interest applicable

Best of BS Opinion: The French connection, The future of finance & more

Here is the best of Business Standard's opinion pieces for today

'Balance batao', 'digital didi': Fintech transforming financial inclusion

From the government's coffers, Rs 5,000 for opening an account for a child born into a poor family will be yet another milestone for financial inclusion, after PMJDY

Sebi participates in IITF to spread investor awareness, financial literacy

Markets regulator Sebi has set up a pavillion at the India International Trade Fair here to showcase the well-regulated securities market of the country and to spread the message of financial literacy and investor awareness. During the 14-day event, Sebi, market infrastructure institutions and industry associations will organise activities such as talk shows by market experts, skits, muppet shows and other activities to spread investor education and awareness, the markets regulator said. Sebi, along with exchanges BSE, NSE, MCX, NCDEX, and market intermediaries -- CDSL, NSDL, AMFI, ANMI and CPAI -- set up the pavilion 'Bharat Kaa Share Bazaar' in the 42nd India International Trade Fair, it said in a statement. The regulator's theme in the exhibition is "Vaishvik Samridhi Ka Adhaar, Bharat ka Share Bazar", which is aligned with the G20 theme of "Vasudhaiva Kutumbakam". Over the years, Sebi has implemented many investor-friendly measures through the use of technology like screen-base

Women's enrollment in finance, account courses increases by 25%: Study

Furthermore, the demand for finance and accounting courses experienced a substantial growth of 40% in 2022

Financial literacy poor across urban, rural population: RBI survey

The survey was based on three parameters namely, financial knowledge, attitude and behaviour. On a total score of 21, the average urban and rural scores were 11.7

Vice President Naidu calls for improving financial literacy in India

Vice President M Venkaiah Naidu on Monday stressed the need to improve financial literacy among the masses