AFLC conducted a Workshop on Financial Literacy at Indian Institute of Mass Communication, Dhenkanal on 18 September 2019. At the outset, Prof (Dr) Mrinal Chatterjee, Head of the Institute welcomed the guests and emphasised the supreme importance of financial literacy in our society.

D.Mishra, Founder and Managing Partner, AFLC briefly explained the objectives and activities of AFLC and how it is committed to bring transformation in the society. He gave an outline of the financial canvass, banking structure, deposit insurance, regulation of banks in India.

S Choudhury, former General Manager , Reserve Bank of India briefly explained the functions of the central bank ( RBI) and the monetary policy, instruments of monetary control, (Repo Rate, Reverse Rate, CRR, SLR, etc.), transmission of the policy.

Madan Mohan Dash, Manager, Office of Banking Ombudsman , RBI, Bhubaneswar explained the limited liability on account of digital banking transactions by the bank customers. He explained the grievance redressal mechanism available with the banks and role of Banking Ombudsman in dealing with Complaints in banking system.

A Financial Quiz was conducted by Mr Choudhury. Prizes were distributed to 10 successful participants. In all, 66 students and office staff participated in the workshop.

On 20 April 2019, AFLC organized a Workshop on Financial Literacy in the PG Department of Commerce and PG Department of Business Management of Fakir Mohan University, Balasore.

The workshop was conducted by D Mishra, Managing Partner, S Choudhury, former General Manager, RBI and M M Dash, Manager, Office of Banking Ombudsman, RBI Bhubaneswar. 

It is worth mentioning that :Fakir Mohan Senapati (Odia: ଫକୀର ମୋହନ ସେନାପତି; 13 January 1843 – 14 June 1918), referred to as Utkala Vyasa Kabi was an eminent writer, poet, philosopher and social reformer. He played a leading role in establishing the distinct identity of Odia, Fakir Mohan Senapati is regarded as the father of Odia nationalism and modern Odia literature.

There was a thunderous applause when the participants were informed that the speaker Shri Siladitya Choudhury , is the great grandson of Vyasa Kabi Fakir Mohan Senapati.

The speakers explained the significance of saving , investment , basics of banking, overview of banking structure, functions of RBI , Monetary policy , complaint redressal system in banks and role of Banking Ombudsman in the grievance redressal system.

A financial Quiz was conducted. 10 students were awarded story books by world famous authors like Anton Chekhov, Oscar Wilde, Leo Tolstoy.

The program was co-ordinated by Professor (Dr ) A B Jena of the University.

A financial Quiz was conducted. 10 students were awarded story books by world famous authors like Anton Chekhov, Oscar Wilde, Leo Tolstoy.

The program was co-ordinated by Professor (Dr ) A B Jena of the University.

We have the pleasure in informing you that AFLC organized Workshop on Financial Literacy at DAV School of Business Management, Bhubaneswar on 13 March 2019. The program was conducted by D Mishra, Managing Partner, AFLC, Shri SR Das former CGM, RBI and Shri S Choudhury former General Manager, RBI. Dr D N Mishra, Principal of the business school welcomed the gathering. The student representatives of DSBM made a formal introduction of the guests.

Shri Shreedhar Behera, Banking Ombudsman, RBI Bhubaneswar addressed the budding talents on various functions of Banking Ombudsman and in particular the Grievance Redressal System available for bank customers.

Shri D Mishra, former CGM threw light on the need of financial literacy in the society and discussed financial awareness messages, financial structure, financial sector reforms, role of banks, NBFCs in financial inclusion.

Shri SR Das, former CGM, RBI explained the central banking function of RBI and gave an overview of the currency management and forex reserve management.

Shri S Choudhury, former GM, RBI gave an outline of the Monetary Policy methodology, liquidity management undertaken by RBI.

A financial quiz was conducted by Shri Choudhury. Books on popular writers/ scientists viz. Leo Tolstoy, Oscar Wilde, Maupassant, O Henry, Edgar Alan Poe, APJ Kalam were given to 10 select students.

AFLC is thankful to Prof (Dr) Anshuman Mohanty, DSBM for coordination of the programme.

AFLC also thanks Shri Nihar Nayak, Office Manager for his logistic support.

In all ,123 students and faculty members participated.

AFLC, in collaboration with Nirmal Bang , HDFC Mutual Fund organized an Investor Awareness and Education Program in Hotel Empire, Sahid Nagar, Bhubaneswar on 8 December 2018. Shri Jagbir Singh, CA, CFP – an expert on capital market made a presentation on “Goal Based Financial Planning through MF”. Dr Anil Swain, Professor, PG Department of Commerce, Utkal University gave an overall assessment of current capital market scenario. The sessions were lively and the participants appreciated. In all, 45 persons- a mix of old and young – participated.
At the outset Shri Pravat Kumar Mohanty, Kotak Securities welcomed the audience and introduced the speakers. Shri D Mishra, Managing Partner, AFLC proposed a vote of thanks.
Shri Swapna Sarit Mohanty, Nirmal Bang, Bhubaneswar unit coordinated the event.

On 5 October 2018, AFLC conducted a Workshop on Financial Literacy at Dharani Dhar Autonomous College, Keonjhar for the students of MBA , commerce stream.( Department of Professional Studies).

In all, 100 students , teaching staff participated.
At the outset, Shri N C Samal, Lecturer welcomed the guests and introduced them to the group. 

Dr Archana Das, Principal of the College inaugurated the workshop. In her remarks she mentioned that financial literacy is essential for all individuals, particularly for students. It will make them understand the intricacies of the modern financial world, help them to deal with money and finance more confidently and above all make them good citizens.

Shri D. Mishra, Managing Partner mentioned that Financial Literacy Rate in Odisha is very low. AFLC through its workshop and programmes at academic institutions aims to improve the position, benefitting youth and women who are financially more excluded. He explained the RBI App and advised the students to follow it to get quick information. He explained real rate of interest, compounding of interest and Rule of 72.

Shri M.M Dash , Manager , Banking Ombudsman, RBI Bhubaneswar elaborately explained the Banking Ombudsman Scheme and grievance redressal system in banks. He explained Customer Liability for unauthorized Electronic banking transactions, cyber frauds, new risks in ATM, good practices on safe digital banking and regulation of payment system
Shri Guru Prasad Khuntia, Resource Person, AFLC explained the payment system infrastructure in India with particular focus on UPI- BHIM. He also demonstrated BHIM transactions. It is heartening to note that a few students successfully installed the BHIM App and did remittance of money. The student who could complete the transaction first was awarded a prize. 
Among others Prof Damodar Sahu, Prof BIjaya Behera, Head , Dept of Physics, Prof Itishree Mohanty, Head , Dept of Social Science , lectures of MBA and Commerce Department participated in the workshop.

AFLC is thankful to Shri Rajeswar Patra, District Coordinator (for Keonjhar and Mayurbhanj districts) who was instrumental for smooth conduct and success of the event.