KOFIA sets up In­dia Desk in Seoul

Banking Frontiers - - Kofia -

The Bom­bay Stock Ex­change Bro­kers Fo­rum (BBF), with more than 800 mem­bers pan In­dia and the Korea Fi­nan­cial In­vest­ment As­so­ci­a­tion (KOFIA), hosted the 1st In­dia-Korea Cap­i­tal Mar­ket Co­op­er­a­tion Fo­rum in Mum­bai re­cently. The fo­rum was sup­ported by BSE, NSE, MCX, NCDEX, NSDL, CDSL and MSEI. Dr Vispi Rusi Bha­thena, CEO, BBF, is of the view that the Korean del­e­ga­tion had shown deep in­ter­est in in­vest­ing in In­dian listed and un­listed se­cu­ri­ties, both eq­uity and debt, in real es­tate/ in­fra­struc­ture and in In­dian star­tups as well as tak­ing strate­gic stakes in/ joint ven­tur­ing with In­dian in­ter­me­di­aries in­clud­ing se­cu­ri­ties firms and as­set man­age­ment com­pa­nies.

BBF and KOFIA have de­cided on broad ar­eas of co­op­er­a­tion and jointly con­duct train­ing pro­grams and strengthen the re­search base for the de­vel­op­ment of the se­cu­ri­ties mar­kets in their re­spec­tive coun­tries. BBF and other In­dian cap­i­tal mar­ket pro­fes­sion­als will at­tend Korean Cap­i­tal Mar­ket Ed­u­ca­tion Pro­gram (Seoul) in De­cem­ber 2018. In 2019, the 2nd In­dia-Korea Cap­i­tal Mar­ket Co­op­er­a­tion Fo­rum is pro­posed to be held in Seoul. A work­ing-level com­mu­ni­ca­tion chan­nel has been es­tab­lished where KOFIA has set up a spe­cial­ized In­dia Desk in Seoul and BBF has set up a spe­cial­ized Korea Desk in Mum­bai.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.