Excelsior Correspondent
JAMMU, Feb 14: The inaugural function of Financial Literacy Week (FLW), which is conducted by Reserve Bank of India (RBI) to propagate financial education messages on a relevant theme, held in Jammu for the UTs of Jammu & Kashmir and Ladakh.
The FLW was inaugurated by Kamal P Patnaik, Regional Director, RBI (J&K and Ladakh) in presence of Ramesh Chand, Reserve Bank Integrated Ombudsman, Ajay Kumar Sood, Chief General Manager, NABARD, Sandeep Mittal, General Manager RBI, Senior officials from RBI and other commercial banks.
Inaugurating the FLW, Patnaik exuded confidence that the initiative will go a long way in on-boarding people for various digital initiatives by commercial banks and will help them fight the apprehensions they have for using digital modes. He said the theme for this year’s Financial Literacy Week is “Go Digital, Go Secure”, which aligns with one of the strategic objectives of the National Strategy for Financial Education: 2020-2025.
“The three messages of this year’s Financial Literacy Week viz. convenience of digital transactions, security of digital transactions and protection to customers is very relevant and timely considering the rapid pace of digitalization that is happening across the country,” Patnaik added.
Sandeep Mittal, General Manager while welcoming the participants expressed his deep desire and exhorted banks to drive this campaign in mission mode for wider dissemination and deeper reach. He said RBI shall be undertaking a centralized mass media campaign during the month of February and March this year to broadcast essential financial awareness messages on this theme.
“It is RBI’s endeavour to reach out to both prospective and existing customers and all stakeholders are requested to co-ordinate and make this financial literacy campaign a success,” he added.
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