Workshop on Financial Literacy at Government High School (SSD), Naranpur, 4th August 2018

We have the pleasure in informing that AFLC conducted a Workshop on Financial Literacy at Government High School, (SSD) Naranpur, Keonjhar on 4 August 2018. In all 215 students of Class VIII to X and teaching staff attended the Workshop.

The workshop was inaugurated by the Shri SomanathAicha, in charge of the School. D. Mishra, Nrusingha C Behera, Manager, Office of Banking Ombudsman, Bhubaneswar and Nirmal Kumar Behera , former Divisional Manager, Canara Bank conducted the programme.

Shri Mishra mentioned that Financial Literacy Rate in Odisha is very low at 9 per cent compared to all India position of 22 per cent. So banks, RBI, NABARD, NGOs need to conduct more and more programs to increase the outreach. Nrushinga Behera elaborately explained the Banking Ombudsman Scheme and grievance redressal system in banks. Nirmal Kumar Behera explained the credit system, credit culture in banks.

The speakers covered the topics: basics of banking, savings and investments, compounding of interest , credit culture, cyber frauds and role of Banking Ombudsman in Grievance Redressal system in banks.

A financial quiz was conducted. Financial Education Series books published by RBI on “Raju series” were distributed to successful students.

Shri Rajeswar Patra, AFLC District Co-ordinator for Keonjhar and Mayurbhanj district did an excellent co-ordination work to make the workshop a big success.