SF Prep Notes

IEPFA and IPPB sign MoA to launch Phase 2 of 'Niveshak Didi'

The Investor Education and Protection Fund Authority and India Post Payments Bank signed a Memorandum of Agreement on 8 April 2025 to launch Phase 2 of 'Niveshak Didi', a financial literacy initiative led by women.

Summary

On 8 April 2025, the Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, and India Post Payments Bank (IPPB), under the Department of Posts, signed a Memorandum of Agreement to jointly launch Phase 2 of 'Niveshak Didi'. The initiative trains women postal workers and community leaders to act as financial educators in their localities, with a focus on women in rural, semi-urban and underserved areas. In Phase 1, more than 55,000 beneficiaries took part in IPPB financial literacy camps, about 60% of them women.

Key facts

Date
8 April 2025
Parties
IEPFA (Ministry of Corporate Affairs) and IPPB (Department of Posts)
Initiative
Niveshak Didi, Phase 2
Model
Women postal workers and community leaders as financial educators
Phase 1
55,000+ beneficiaries; ~60% women

Practice MCQs 1 questions

Q1

The Investor Education and Protection Fund Authority (IEPFA) signed an MoA in April 2025 to launch Phase 2 of 'Niveshak Didi' with:

Show answer

Correct answer: D — India Post Payments Bank

India Post Payments Bank (IPPB), under the Department of Posts.

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