Abhyutthana Financial Learning Centre organized a Workshop on Financial Literacy at Koraput town in Sadbhabana Hall on July 19, 2016. The participants were SHG members, RSETI trainees, Odisha Livelihood Mission, NGOs and few bankers. Out of the total of 65 participants, Women participation was an impressive 50.
D.Mishra, managing partner, AFLC welcomed the participants and introduced the guests and speakers. He gave a brief account of the functioning of AFLC. Shri KR Das, former Regional Director, Reserve Bank of India, Hyderabad presided over the proceedings.
Shri Gadhadhar Parida, former Collector , Koraput was the Chief Guest. Shri Parida, released the Souvenir 2016 which is a compilation of articles deliberated in “Seminar on Financial Literacy and Financial Inclusion” organized by AFLC on March 19, 2016 .
Shri G C Mishra, former General Manager , Syndicate Bank and Former State RSETI co-ordinator explained the evolution of banking in India, present banking structure, basics of banking, banking practice, KYC, technology in banks , ATM use and rural banking.
Shri KR Das, gave a brief account of the functions of Reserve bank, role of Banking Ombudsman in grievance redressal. He explained the features of currency notes, how to distinguish genuine notes from counterfeit notes and the security aspects of the same.
Shri Parida spoke about the financial inclusion measures initiated and steps taken by his administration for opening of bank accounts by each individual in the district.
Shri Jagannath Behera, from Utkal Grameen Bank informed about the branch net work and CD ratio of the district, which is improving steadily. He explained the government schemes viz. Jan Dhan Yojana and micro-insurance schemes.
Shri KR Das summed up the proceedings and advised the participants to send their feed-back to improve the program.