NEWS & ADVICE : EDUCATION LOANS
Financial Literacy program by RBI
By Neelima Shankar
May 14, 2014
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The apex bank of the country – Reserve bank of India lately entered a school and spread the awareness regarding financial inclusion among the children. RBI discussed the importance of financial inclusion with the children.

Assistant General Manager of RBI shailaja singh highlighted the importance of passwords in online banking and said that passwords should not be shared with other, they must be kept confidential. Further she said if consumer finds any problem or default in the banking services instead reporting them verbally they should write for it, keep one copy of it as a proof with them and submit one to the banking authorities.

RBI's Bihar-Jharkhand regional director M K Verma discussed many topics with the children, including the RBI’s measure of allowing the children to operate the banking accounts individually. He said that allowing the minors to operate the account independently will help to build the savings habit in them. The programme was organized by the commerce students of Class XII of D A V Public School, BSEB Colony, and students found the session was very beneficial and useful.


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