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NCFE - National Centre for Financial Education
National Centre for Financial Education (NCFE) is setup to create financial education material and conduct financial education campaign across the country for all sections of the population along with awareness campaigns at different levels for existing and potential customers so as to improve the knowledge, understanding, skills and competence of theirs in managing money effectively to improve his/her financial status by taking informed decision.
==History==
India, a fast growing economy with focus on inclusive growth and a stable financial system, recognizes the need for a strategy to spread financial literacy among people. National Strategy for Financial Education (NSFE)〔http://www.policyholder.gov.in/National_Strategy_for_Financial_Education_211.aspx?NEWS〕〔https://rbi.org.in/Scripts/PublicationDraftReports.aspx?ID=675〕 is a step in that regard.
To implement NSFE, the National Centre for Financial Education (NCFE) has been established under NISM, by financial sector regulators Reserve Bank of India, Securities and Exchange Board of India, Insurance Regulatory and Development Authority of India, Pension Fund Regulatory and Development Authority, Forward Markets Commission and Ministry of Finance, Government of India.
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