NSE and India Post Join Forces to Expand Mutual Fund Reach

In a significant move to deepen financial inclusion, the National Stock Exchange (NSE) has signed a Memorandum of Understanding (MoU) with the Department of Posts. This strategic partnership aims to utilize India Post’s extensive network to distribute mutual fund products across the country, particularly focusing on rural and semi-urban populations. The agreement, finalized in New Delhi on Tuesday, will see select postal employees trained and certified as mutual fund distributors through NISM exams and EUIN registration. Leveraging over 1.64 lakh post offices, the initiative will facilitate investments via NSE’s advanced online platform. Shriram Krishnan, Chief Business Development Officer at NSE, highlighted that the collaboration creates a transparent and investor-friendly ecosystem, ensuring last-mile delivery of financial products.