RBI outreach program spreads financial literacy in Satyabadi

From: P. Maharatha

People should be cautious about fictitious SMS/letter informing winning of lotteries and unauthorized deposit accepting entities, advised Dr. (Smt) Deepali Pant Joshi, Executive Director, Reserve Bank of India while addressing an Outreach Program in Sukal village in Satyabadi Block of Puri district on January 15, 2014, in course of RBI endeavor to enhance financial literacy amongst rural public.

She explained the role played by Reserve Bank of India in the day to day life of a common man, stating how direct deposit of MGNREGA/Pension in their accounts would be benefitial. She advised the farmers and rural communities to avail loans from banks and to repay promptly so that economic uplift would not remain beyond reach,

Shri P. K. Jena, Regional Director explained about the efforts taken by RBI to spread financial literacy among masses. He stated that every eligible individual should have a bank account and Reserve Bank is working towards this. Through these programmes, RBI makes an effort to reach out to people and spread financial literacy and create awareness regarding banking services among people, he said.

Amongst others,Shri A. Udgata, Principal CGM, RBI, Mumbai, Shri B K Bhoi, Banking Ombudsman, Shri R L K Rao, General Manager, RBl,’Shri A G Ray, General Manager,’ RBI, MUmbai participated in the programme. Shri Prasad Harichandan, Satyabadi, Shri Dibakar Patra, President, Zilla Parisad also participated in the programme. 

RBI meeting

The public meeting was participated by approximately 700 villagers included of SHG members and the people in and around the village. On this occasion, UCO Bank opened a bank branch in Sukal village and the same was inaugurated by the Executive Director.

Educative Stalls displaying various financial products and were also put-up at the outreach site by RBI, banks, State Govt. SHGs, NABARD etc. displaying the efforts put in by all concerned towards spreading of financial literacy and financial inclusion among masses. A stall Nias also put by the villagers where they showcased their handloom products .

As a part of Outreach event, a Financial Literacy programme was conducted for the students of Trutiyadev Bidyaniketan (Sukala High school) which was participated by around 150 students and teachers of the school.

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