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RBI braces up for observing ‘financial Literacy Week’

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JAMMU, MAY 31: The Reserve Bank of India is all set to observe Financial Literacy Week 2018 from June 4 to 8, 2018 with “Consumer Protection” as the theme.

As per RBI spokesperson, with the  aim of furthering financial literacy and thereby creating awareness on key financial topics, the Reserve Bank of India has since 2017, earmarked one week in a year as the Financial Literacy Week.

“The Financial Literacy Week 2018 will be observed during June 4- 8, 2018 with “Consumer Protection” as the theme, to create awareness among the consumers of financial services about their rights, responsibilities, good practices and resolution mechanism in a fast changing digital financial landscape” he said. The focus during the Financial Literacy Week will be on four related themes, for which content has been developed by RBI, he added.

“Know your liability for unauthorized electronic banking transaction, banking Ombudsman — an easy mechanism for complaints redressal, good practices for a safe digital banking experience and  Risk and return  the right mix will be the key areas for creating awareness”, he added.

He said the activities during the week will involve display of financial literacy material in bank branches, ATMs and bank websites and conduct of financial literacy camps through the Financial Literacy Centres of banks.

Kashmir Images is an English language daily newspaper published from Srinagar (J&K), India. The newspaper is one of the largest circulated English dailies of Kashmir and its hard copies reach every nook and corner of Kashmir Valley besides Jammu and Ladakh region.

Kashmir Images
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