Home » CNBC AWAAZ » CNBC AWAAZ presents India Financial Inclusion Summit 2010

CNBC AWAAZ presents India Financial Inclusion Summit 2010

Posted by Indian Television on Mar 30th, 2010 // No Comment

CNBC AWAAZ presents ‘India Financial Inclusion Summit 2010’

Highlighting the importance of Financial Literacy

Mumbai, March 30, 2010: CNBC AWAAZ, India’s No.1 Business Channel, presented ‘India Financial Inclusion Summit 2010’ – a unique initiative that took a stock of the nation’s inclusion endeavor and charted the road towards India’s equitable development. As every segment of the financial sector is increasingly realizing the importance of inclusion, the summit helped draft a blueprint required to make it a reality.

‘India Financial Inclusion Summit 2010’ focused on financial literacy as a pre-requisite to financial inclusion while highlighting the responsibility that every stakeholder has towards educating investors about the risks related with the capital markets and the products linked to it.

The summit was presided over by Mr. C B Bhave, Chairman, SEBI who laid down his vision for financial education and responsible inclusion. It also witnessed the presence of eminent speakers such as Shikha Sharma, MD & CEO, Axis Bank; Josseph Massey, MD & CEO, MCX; Ramesh Ramanathan, Director, Janalakshmi Bank; V Vaidyanathan, CEO, ICICI Prulife; Nilesh Shah, Deputy MD, ICICI Prudential AMC Ltd. and Motilal Oswal, CMD, Motilal Oswal Financial Services Ltd.

Financial inclusion cannot be achieved unless financial literacy is imbibed into the system. Only financial literacy throughout the cross sections of the society will ensure that financial services reach the unreached and under-reached sections of the society. With the aim to achieve to dedicate itself once again to the cause of financial literacy CNBC AWAAZ launched ‘Investing Ka Pehla Kadam’, a financial education initiative at the summit.

Speaking about the summit Mr. Sanjay Pugalia, Editor in Chief, CNBC AWAAZ’ said, “The path to financial inclusion starts with investor education. India Financial Inclusion Summit 2010 aims to create a platform that brings together the luminaries from various sectors and to highlight important roles that need to be performed by each and every stakeholder in the financial system.”