Swaminathan J: Charting a course to prosperity - the importance of financial literacy - News Summed Up

Swaminathan J: Charting a course to prosperity - the importance of financial literacy


Speech by Mr Swaminathan J, Deputy Governor of the Reserve Bank of India, at the Conclave on Financial Literacy, Madurai, 8 April 2024. Uma Sankar, Regional Director, RBI, Chennai; senior bankers; Financial Literacy Counsellors; Associates and Coordinators of Centre for Financial Literacy; Financial Literacy Community Resource Persons; ladies and gentleman, I am happy to inaugurate the Conclave on Financial Literacy at Madurai today. Enhancing financial literacy in India demands a multi-faceted approach involving collaboration between the government, financial institutions, non-profit organizations, and the private sector. The National Financial Literacy Assessment Test of NCFE is globally one of the largest free annual financial literacy tests for school students4. Hence, it is imperative that we continue to prioritize efforts to enhance financial literacy and foster financial inclusion.


Source: Mint May 04, 2024 00:39 UTC



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