IEPFA-Kotak Mahindra Bank MoU for Investor Awareness
Why in the news
The Investor Education and Protection Fund Authority tied up with a private bank to spread investor education through the bank’s customer channels.
Key facts
| Item | Detail |
|---|---|
| Parties | IEPFA and Kotak Mahindra Bank Limited (KMBL) |
| Aim | Responsible investing, financial fraud prevention, investor rights |
| Channels | ATMs, kiosks, websites, mobile apps, social media |
| Timeline | Rollout in financial year 2025-26 |
| Cost to IEPFA | Nil |
| Reach | 2000+ branches and 3000+ ATMs |
Significance
- Using the bank’s digital and physical network gives investor education a wide audience without spending from IEPFA.
Exam angle
- Authority: IEPFA; partner bank: Kotak Mahindra Bank.
- Agreement type: MoU; campaign year: 2025-26.