• Tue. Jun 18th, 2024

RBI Officials apprise Governor Hari Babu Kambhampati of the forthcoming Financial Literacy Week

P.Shimrah, Officer-in-Charge, Reserve Bank of India Office, Aizawl, V.Jayachandra, Chairman, Mizoram Rural Bank, and other RBI officers met Governor Hari Babu Kambhampati at the Raj Bhavan today.

The bank officials briefed Governor about the proposed strategies to be used for Financial Literacy Week(FLW) in Mizoram. Governor was also formally invited to grace the occasion of the inaugural program of the FLW.

During the interaction with the RBI officials, Governor shared his thoughts on what needed to be done to make the general populace of the state to be financially literate and aware of the banking facilities provided with their savings bank accounts and other accounts. He urged the bankers to increase their efforts in educating their customers about various beneficial and social security schemes. He thanked the bankers’ for their concerted efforts in increasing the enrollment in these social security schemes as depicted in the last SLBC report. He urged all the banking officials involved in the FLW to give their best effort during their awareness campaigns at various Financial Literacy Camps across the state to benefit as many as possible. He also suggested exposure of the college students to the lectures on a stock exchange and its related subjects during the FLW.

As per the briefings by the bank officials, FLW is being organised for one week every year since 2017. This year, FLW will be organised during February 13 – 17.

The FLW to be organised this year will try to focus on every sector – from the students, and the SHGs to the farmers. Financial inclusiveness and education will be the main theme. The bankers will be entrusted to help educate the customers to promote the culture of savings and investments. The FLW will also focus on how to safeguard the public from financial fraud.

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