IEPFA signs MoU with Kotak Mahindra Bank for investor education
The Investor Education and Protection Fund Authority (IEPFA) signed an MoU with Kotak Mahindra Bank on 28 April 2025 to display its investor education content on the bank's ATMs, kiosks, websites, apps and social media.
Summary
The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, signed a Memorandum of Understanding with Kotak Mahindra Bank Limited, announced on 28 April 2025. IEPFA's investor education content — digital banners, short films and videos on responsible investing, fraud prevention and investor rights — will feature on the bank's ATMs, kiosks, websites, mobile apps and social media. The initiative will run during 2025-26 with no financial obligation on IEPFA, using the bank's 2,000+ branches and 3,000+ ATMs. IEPFA's CEO is Anita Shah Akella.
Key facts
- Parties
- IEPFA (Ministry of Corporate Affairs) and Kotak Mahindra Bank
- Content
- Investor education on ATMs, kiosks, websites, apps, social media
- Period
- FY 2025-26, no financial obligation on IEPFA
- Reach
- 2,000+ branches, 3,000+ ATMs
- IEPFA CEO
- Anita Shah Akella
Practice MCQs 1 questions
Consider the following about the IEPFA–Kotak Mahindra Bank MoU announced on 28 April 2025: 1. IEPFA functions under the Ministry of Finance's Department of Economic Affairs. 2. The initiative is to run during 2025-26 with no financial obligation on IEPFA. Which of the statements given above is/are correct?
Show answer
Correct answer: B — 2 only
Only 2 is correct. IEPFA functions under the Ministry of Corporate Affairs; the initiative runs in 2025-26 with no financial obligation on IEPFA.