NEWS & ADVICE : FIXED DEPOSITS
RBI Governor urges banks to hold town hall events in local language
By Neelima Shankar
Jul 2, 2012
Print    Email    RSS   

The Governor of Reserve Bank of India was in Mumbai to award the ‘Rajbhasha shields' last week. At the award function he urged the banks to hold town hall events in local language in order to connect better with the local people.

He said, "Every bank should conduct a Town Hall event in a chosen State entirely in the local language. In this regard, they may coordinate with Reserve Bank's Customer Service Department and Department of Communication to draw up a programme. This will be our collective effort to reach out to people in their own language."

Adding that the central bank had already been holding such meetings in Tier II cities, he emphasized on the point that the questions that were raised in local languages, for example Hindi, stemmed from the concerns of the middle class. He said, "The grievances they bring about are different, more common and more intractable. Listening to these questions in Hindi and attempting to answer them has been a great learning experience for me and for the Deputy Governors of RBI."


 


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

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Know about corporate fixed deposits
Tax saver fixed deposits in India earn you...
Fixed Deposits: Safest instrument to invest
Carnival of Indian Personal Finance Blogs #4
Plan your tax, don’t evade it


NANGAL: CaℒL Giℛℒ In Una 09855660911 Escoℛt...
Chandigarh@CaℒL Giℛℒ In Rajpura +O9855660911...
If I invest 100000 rupees deposit for 2 year , how...

NEWS THIS WEEK
Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive