Kotak Securities Collaborates with NISM for its CSR Project on Education & Livelihood

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Kotak Securities Limited (KSL) announced it has collaborated with the National Institute of Securities Markets (NISM) for its CSR Project on education and livelihood to launch “Kona Kona Shiksha” – a CSR initiative to promote financial literacy among the young citizens of the country. 

NISM – KSL’s CSR knowledge partner and project manager, will implement “Kona Kona Shiksha” through empanelled resource persons to train students at colleges across India and online teaching modules to young Indians (Kona Kona). Each student will undergo a rigorous 10-hour training module, which will conclude with an online assessment and certification by NISM.

“Kona Kona Shiksha” will empower students with knowledge on personal finance, fundamentals of investing in securities markets, investment principles and practices and so on. The aim of KSL’s CSR project is to create financially knowledgeable and skilled youth and to open up career opportunities in the financial services industry. 

Kotak Securities Collaboration Will Help Empower Education Needs
SK Mohanty, a whole-time member, SEBI and director of NISM said, “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.”

Narayan SA, chairman, Kotak Securities 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.”

Jaideep Hansraj, MD and CEO, 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.”

VR Narasimhan, dean and professor of practice, NISM 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.”

In addition to “Kona Kona Shiksha”, Kotak Securities’ implements its CSR project on education and livelihood with partner organizations such as Kotak Education Foundation (KEF) and Pratham Education Foundation.

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