BSE Institute exchanges MoU with Village Transformation to financially literate the backward villages in Maharashtra

Mumbai, June 28, 2018: BSE Institute Ltd has signed an MoU with Village Transformation Foundation today at MMRDA Auditorium in the presence of the Chief Minister of Maharashtra, Shri Devendra Fadnavis. The MoU was signed by Shri Ambarish Datta, MD & CEO, BSE Institute Ltd and Shri Ramnath Subramaniam, CEO VSTF. The occasion was also graced by Shri Ashishkumar Chauhan, MD & CEO, BSE Ltd.

The Maharashtra Village Social Transformation Mission was launched in August 2016 with an aim to address the important challenges faced by the most backward villages of Maharashtra. Initially, 1000 villages that have the lowest Human Development Index score have been selected for the special programme. Convergence of efforts from all the sections of the society is the foundation to transform the villages in Maharashtra. By partnering with corporates, VSTF is reaching to the last mile villager and doing skill interventions.

BSE Institute Ltd. has partnered with VSTF on this mission and is committed to do its part in providing financial literacy to the villagers. In this mission BSE Institute Ltd intends to benefit lives of around 10000 people in 1000 villages from 70 talukas spanning 19 districts. Mr. Ambarish Datta said, "The village social transformation mission is a?path breaking initiative?by the government of Maharashtra. Inculcating habits of saving and investing can make a huge difference in the lives of people and uplift the standard of living of the rural population in India. We are keen to work along with VSTF and create the social impact and contribute to the mission. We envisage to increase financial literacy and enable rural youth to take up entrepreneurship by training them to become financial intermediaries."

About BSE Institute Ltd

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BSE Institute Ltd. (BIL) is a wholly owned subsidiary of BSE Limited. BIL conducts a wide range of programs ranging from 1 day workshops to a two year full time post graduate programs in financial markets. BIL trains over 10,000 participants a year. BIL also conducts certification exams for financial market professionals to enable them to practice their profession in various areas like cash markets, derivatives, and mutual funds.? Every year they certify over 40,000 market professionals. They also conduct specialized workshops for international financial market professionals including those from Asian and African countries to equip them with the knowledge of current market practices, services and regulatory trends. Every year over a 1000 global professionals attend these workshops.? In addition BIL also conducts collaborative programs with its international partners which include the Nyenrode Business School (Netherlands), Frankfurt School of Finance & Management (Germany), Singapore Management University, Thailand Securities Institute (TSI), Australian Trade Commission, Toronto Financial Services Center (Ontario, Canada), International Financial Center Montreal (Quebec, Canada), and IBMC Financial Group, UAE.

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