April 29, 2025 11:40 AM

IEPFA partners with Kotak Mahindra Bank to expand investor awareness via digital platforms

In a move aimed at broadening financial literacy and enhancing investor protection across India, the Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, has signed a Memorandum of Understanding (MoU) with Kotak Mahindra Bank Limited for the financial year 2025–26. The partnership seeks to leverage the bank’s extensive digital and physical network to disseminate key messages on investor education. IEPFA’s curated content—ranging from short f...

April 16, 2025 4:59 PM

In a first in India, ATM installed onboard train on a trial basis

In a first-of-its-kind initiative, Indian Railways has installed an Automated Teller Machine (ATM) onboard the Manmad-CSMT Panchvati Express in Maharashtra, as part of a trial run. Railway Minister Ashwini Vaishnaw shared a video of the onboard ATM on X, marking the beginning of the ATM on Wheels initiative. The project aligns with the Railway Board's directive to explore innovative ways to boost non-fare revenue. A meeting with potential vendors was held on March 25, during which the idea of ...