NEWS & ADVICE : EDUCATION LOANS
Financial literacy needs to be enhanced in India: MD of Canara bank
By Neelima Shankar
Sep 11, 2014
Print    Email    RSS   

At the launching ceremony of a book the chairman and MD of the canara bank stated that financial literacy is low n our country. He highlighted the necessity of financial literacy.

It is necessary to guide the people on the needs of savings account the benefit of fixed deposits. To impart the financial education a lot more new bank branches need to be developed all across the country. He also stated that unlike developed nations, India doesn't provide its citizens social security. "We have to depend on our own savings for support

. The banks are working their best to increase the financial literacy in the country by organizing various financial literacy camps. Apart from this govt. is on the process to make every household with a savings account by the end of next fiscal year.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Know your Education Loan better
J&K Bank raises PLR
Model Educational Loan Scheme: the new...
Some Banks offering education loans for...
The best education loan from banks in...


Where is Dissertation Help India whose email is...
ROPAR: CaℒL Giℛℒ In Kurali 09855660911...
Why Pitampura Tutors (Ph:- 9911742311) & Private...

NEWS THIS WEEK
Banks to look forward to hire students from IIT/IIM Feb 18, 2015
Union Bank of India hiring for the post of specialist officers Feb 16, 2015
Canara bank launched scholarship Scheme Feb 13, 2015
AXIS bank started ‘My idea of progress’ Campaign Feb 12, 2015
RBI inviting applications for the guard post Feb 11, 2015
News Archive