Reserve Bank of India orgsnises Financial Literacy Week across nation

Reserve Bank of India orgsnises Financial Literacy Week across nation

The Reserve Bank of India (RBI) has organised Financial Literacy Week from June 04 till June 08 across the nation.

Theme for this year is 'Customer Protection'. Aim of the Financial Literacy Week is to create financial awareness among bank customers about financial products and services, good financial practices and digitization.

"The bank is leaving no stone unturned to accelerate the level of outreach of the initiative" said an RBI official. For this, a pilot project for financial literacy in 80 blocks of nine states has been devised, in which 6 NGOs have registered themselves in Depositor education and awareness fund.

RBI has also signed pacts with 10 banks to provide financial education. Target groups of this initiative are farmers, industrialists, school students, senior citizens and self- help groups.

(With inputs from AIR)

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