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Economics deptt holds webinar on Role of ‘RBI in Financial Literacy’

Ganderbal, June 24: Department of Economics, Central University of Kashmir (CUK) in collaboration with Reserve Bank of India, Jammu, organised a webinar “Role of RBI in Financial Literacy” for the research scholars and students.

Resource person, AGM, Financial Inclusion and Development Department, RBI, Mr. Anil Reshi delivered a lecture on financial literacy and its importance, enlightening the participants about the roles played by RBI to expand financial literacy among masses. He said that financial awareness not only tells us about different financial products available, but also saves us from exploitations, including the possibility of being cheated via online frauds. He stressed on keeping the banking credentials secret to safeguard the individual’s hard-earned money and praised the RBI’s role in making banking services available in every corner of the country. He said there has been a manifold increase in the number of bank branches and Khidmat centres to achieve the objectives of financial inclusion. Mr. Anil also explained the role of finances in the economic growth of the country. He said the Pradhan Mantri Jan Dhan Yojana has contributed towards financial inclusion to a great extent. Later, he interacted with the participants and answered their queries.

Former Head, Deptt of Economics, Prof. G. M. Bhat, gave the welcome address while Coordinator, Deptt of Economics, Mr. Tasleem Araf proposed the vote of thanks. Mr. Deepak Singla, Ms. Deepti Saini and Ms. Sheenam Kumar from the RBI and faculty members of the department of Economics also attended the event.

 

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