RBI Grade BNABARD ESISEBI
In one line
Context:
On May 9, 2025, the Investor Education and Protection Fund Authority (IEPFA) under the Ministry of Corporate Affairs, in collaboration with SEBI, held a preparatory meeting in Mumbai.
- Purpose: To enhance investor outreach, improve recovery of unclaimed dividends and shares, and launch the “Niveshak Shivir” initiative.
“Niveshak Shivir” Initiative
- A nationwide investor assistance drive aimed at:
- Enabling direct interaction with company representatives and RTAs
- Assisting in claiming unclaimed dividends and shares
- Promoting financial literacy and reducing dependence on intermediaries
- First camps to be held in Mumbai and Ahmedabad in May 2025, with expansion planned.
About IEPFA
- A statutory authority under the Ministry of Corporate Affairs.
- Aims to safeguard investor interests, promote financial literacy, and streamline asset recovery.
- Works with capital market institutions to ensure a transparent and investor-friendly ecosystem.
Significance
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- Marks a key reform in India’s efforts to empower retail investors and recover over ₹30,000 crore in unclaimed shares/dividends currently with IEPFA.
- Enhances ease of doing financial recovery, improves regulatory transparency, and supports digital access to investor services.
PIB
