Patiala: The National Stock Exchange (NSE) has started a financial literacy initiative in partnership with India Post, to take the equity cult to small towns and cities of India.

As a part of the agreement, NSE is putting up large-sized screens at more than 50 post offices in the country, including one at Patiala head post office.

The screens will carry messages from both NSE and India Post, to increase awareness in people on safe investing and investor friendly products, to empower them financially.
The screen at the Patiala head post office was inaugurated by senior officials from NSE and India post.

"We have constantly been trying to reach out to the tier two and tier three cities, to bring more people into the formal financial system," NSE Joint Managing Director Chitra Ramkrishna said.

"Patiala is an important industrial hub and is home to many reputed educational institutions. We hope this financial literacy initiative will help people to realise their dreams," Ramkrishna added.

This initiative will lend a tremendous help to numerous traders engaged in stock market, B C Sharma, senior superintendent, India Post Office, Patiala, said.

The screen will carry information on the prices of Nifty stocks and different NSE indices, Sharma said adding that it will also convey information on other products.

It will also carry information on products of India Post, like Online money transfers, Electronic money orders, Speed post, Savings certificates, Postal life insurance and logistics solutions for Corporates, he said.


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