Current Affairs - Business - Discussion

The Department of Posts partnered with BSE, Asia’s oldest stock exchange, to distribute mutual funds through India Post’s extensive network. This initiative leverages BSE StAR MF, India’s largest mutual fund platform, to enable last-mile financial inclusion, especially in rural and semi-urban areas. Postal employees will be trained and certified as mutual fund distributors, assisting citizens with transactions and investor guidance. The MoU, valid from 12 December 2025 to 11 December 2028, aims to improve financial literacy, provide access to formal investment products, and reduce reliance on informal or unregulated channels.