Unlocking Opportunities: FPSB India Partners with Bharat Chamber of Commerce for Strategic Growth

Mumbai, Jul 29

The Financial Planning Standards Board (FPSB) India has teamed up with the Bharat Chamber of Commerce (BCC) in Kolkata to boost financial planning awareness. This partnership will help spread professional financial education across India.

The Memorandum of Understanding (MoU) was signed by Krishan Mishra, CEO of FPSB India, and Keka Sharma, Secretary General of BCC. Notable attendees included Naresh Pachisia, BCC President, and Amisha Sethi, Senior VP of Communication & Policy at FPSB India. The signing event took place at BCC’s office, focusing on strengthening financial literacy.

This alliance aims to get CERTIFIED FINANCIAL PLANNER® professionals involved in BCC’s events. It will also connect them with various educational institutions, helping promote the CFP certification as a key career path. This is especially targeted at students and professionals in small and medium enterprises (SMEs). The goal is to open fresh avenues for growth, learning, and financial empowerment.

Krishan Mishra shared his thoughts at the signing: “Our mission is to create a strong and ethical financial planning community. Partnering with the BCC is a vital step toward increasing financial education at the grassroots level, particularly in regional markets. We want to support students, professionals, and business owners to build financial confidence.”

Naresh Pachisia, a CFP® professional himself, echoed this sentiment: “I’ve seen how financial planning can change lives. This MoU will help more students and small business owners grasp the value of working with certified experts and practicing sound financial habits.”

This collaboration leverages FPSB India’s global expertise and BCC’s regional reach. It aims to prepare a workforce that is knowledgeable and equipped for sustainable financial success.

According to recent data, nearly 70% of Indian households lack any formal financial planning. This partnership could address that gap, providing essential skills to those who need it most. With rising challenges in managing finances, the need for financial education is more pressing than ever.

As this initiative unfolds, it will be interesting to see how public interest in financial education evolves. Social media platforms are buzzing with talk about the value of financial literacy and the importance of professional guidance. As more people engage with these discussions, the potential for positive change in financial habits increases.

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