The Department of Posts (DoP) signed a Memorandum of Understanding (MoU) with National Stock Exchange of India Limited (NSE) to enable the distribution of mutual fund products through India Post’s extensive postal network in New Delhi today. Under this MoU, selected employees of the Department of Posts will be identified, trained, and onboarded as certified mutual fund distributors.
These officials will be enabled to offer mutual fund products and related investor services through NSE’s mutual fund platform, subject to mandatory certifications and regulatory compliance, including NISM certification and EUIN registration. The Ministry of Communications said that this strategic partnership is aligned with the government’s vision of deepening financial inclusion by combining the trust, accessibility, and wide outreach of India Post with NSE’s market infrastructure and technological expertise.
Must Read
- Advertisement -
