Bhagalpur, June 29: Investors need to be cautious in matters of investment and should not get carried away by publicity of the various financial organisations.

This was the view of several delegates, including Dayashanker Pandey, divisional commissioner, Bhagalpur, who spoke on different issues of investment opportunities and the role of non-banking financial organisations, at a seminar in Hotel Shriyash last evening.

This seminar on investor awareness, attended by more than 100 participants from Bihar and Jharkhand, was organised under the aegis of Investor Education and Protection Fund of the Union ministry of corporate affairs and the Patna branch of Central India Regional Council of The Institute of Chartered Accountants of India.

Pandey, who inaugurated the seminar, discussed with the participants the issues that should be considered before making investments.

He added that investors should verify the non-banking financial organisations minutely before making any investment.

“Many investors deposit their money without considering features of the non-banking financial organisations and later face problems. One should not get swayed by the publicity of such organisations and should be aware of their functioning,” Pandey said.

B.L. Raju, a chartered accountant and vice-chairman of the Patna branch of Central India Regional Council of The Institute of Chartered Accountants of India welcomed the guests and participants. He said the purpose of organising such seminars was to spread awareness among investors.

In the various technical sessions at the seminar, Ravi Sah, a chartered accountant, spoke on investment opportunities available, Gautam Kumar, another chartered accountant, informed the participants about pension fund, insurance policies and government schemes.

Chartered accountant Sanjit Kumar spoke to the participants regarding investor protection and grievance redressal.

Pravind Kumar Singh, the treasurer of the Patna branch of Central India Regional Council of The Institute of Chartered Accountants of India gave vote of thanks at the event.