Kona Kona Shiksha
National Institute of Securities Markets and Kotak Securities Limited (KSL) have come together for the launch of a CSR Project on Education & Livelihood called “Kona Kona Shiksha” – a CSR project to promote financial literacy among the youth of the country.
NISM is KSL’s CSR knowledge partner and project manager which will implement the “Kona Kona Shiksha” project through its empaneled Resource Persons to train students at colleges across India and online elearning modules to young Indians (which is why the project is called as Kona Kona). In the project, each student undergoes a rigorous 10-hour online training module, which concludes with an online assessment and certification by NISM.
This unique project in the form of “Kona Kona Shiksha” will empower students with knowledge on fundamentals of investing in securities markets, personal finance, investment principles and practices, etc. The primary aim of KSL’s CSR Project is to create financially knowledgeable and skilled youth to open-up various career opportunities in the BFSI sector.
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Creating Robut Financial Ecosystem through Kona Kona Shiksha
Kona Kona Shiksha” is a pioneering CSR initiative by Kotak Securities that is sure to yield rich dividends as we empower young students with the right financial knowledge and additional skill sets. It will provide a good foundation for those who aspire to build a career in the financial services and securities markets.Mr. S. K. Mohanty, Whole-time Member, SEBI & Director NISM said.
The youth of India as they qualify and get ready to fulfil their dreams and aspirations, it is important that they are finance-ready. “Kona Kona Shiksha”, our CSR initiative, is a step towards this cause. We have partnered with NISM to design and implement a comprehensive Finance “Shiksha” module to be rolled out at colleges in the “Kona Kona” of the country with the objective of making the youth of India truly finance-ready.Mr. Narayan SA, Chairman, Kotak Securities said.
We are excited to partner NISM in promoting financial literacy among the youth of our country. In the long-term, this initiative will help us create a more robust financial ecosystem. A knowledgeable and skilled young India will build a promising economy for the future.Mr. Jaideep Hansraj, MD & CEO, Kotak Securities said.
NISM is happy to be associated with this noble cause of equipping young citizens of our country with effective operational knowledge relating to the securities markets. What this project does is leverages the knowledge and expertise resting with so many well-qualified and highly experienced trainers and academicians and transfers the knowledge to classrooms located far and wide across our country. We are seeing an enthusiastic response from colleges and NISM is confident that it can deliver around 600 programmes during this academic year.Dr. V. R. Narasimhan, Dean & Professor of Practice, NISM said.
Kotak Securities also implements its CSR Project on Education & Livelihood with partner organization such as Kotak Education Foundation (KEF) and Pratham Education Foundation, in addition to “Kona Kona Shiksha”, .
Shares of KOTAK MAHINDRA BANK LTD. was last trading in BSE at Rs. 1751.20 as compared to the previous close of Rs. 1685.65.