Workshop on Financial Literacy in Loyola Odia School, Bhubaneswar on 28 September 2023

Date : 28th September 2023

The Trust organised a workshop on Financial Literacy in Loyola Odia School, (Loyola School Campus) , Bhubaneswar on 28 September 2023. 122 Students of Class VIII to X and 6 teachers/ other staff participated. At the beginning, Fr Ajit Kumar Bahala , Head Master of the School welcomed the guests and participants. D Mishra, Managing Trustee and S Choudhury , former GM RBI explained the significance of savings, investments from an early stage of life and financial planning for the future. The students were sensitised to basics of banking and digital transactions. Rudimentary concepts viz. compounding of interest, inflation were discussed. As most of the students did not have bank accounts, the speakers advised them to open Saving Bank account soon. The students hail from a nearby slum area with marginal financial condition. For them savings in a small way would be very useful.