NCAER IEPF Chair Professor Dr C.S. Mohapatra Addresses Students at National Institute of Securities Markets, Mumbai

The IEPFA Chair Professor at NCAER, Dr C.S. Mohapatra delivered a special guest lecture on “Financial Stability Architecture in India and Its Role in Promoting Investor Awareness and Protection” to students at the National Institute of Securities Markets (NISM), Mumbai, on 21 November 2023. NISM is a public trust established by the Securities and Exchange Board of India (SEBI) in pursuance of the mandate laid down by the Union Finance Minister in his budget speech of February 2005. While welcoming Dr Mohapatra, Dr Rachana Baid of NISM lauded the initiative for collaboration between NCAER and NISM. In his address to the students, Dr Mohapatra focused on the concept of systemic risk and its management, the role of close and effective inter-regulatory coordination, the need for a robust framework for data analysis, and the imperative to deal with cybersecurity risks. He highlighted the importance of financial literacy in ushering in a broadbased financial sector and ensuring its stability.