Financial Literacy awareness programme held at SBI RSETI Ramban

RAMBAN: SBI RSETI Ramban today organised an awareness programme on Financial Inclusion and Financial Literacy for the trainees. The session was conducted by Manager Reserve Bank of India (RBI), Anil Kumar, who visited the institute along with a team from Financial Literacy Centre (FLC), Ramban.

The Manager apprised the trainees about the functioning of the Reserve Bank of India, its regulatory role and the services provided to the citizens of the country. He explained the conceptual difference between needs and wants and helped the trainees understand the prioritisation criteria in the financial decision-making process.

He further informed the participants about unclaimed deposits and the awareness campaigns undertaken by the RBI to help citizens retrieve their money. He also highlighted important financial and social security schemes like PMSBY, PMJJBY, APY, Sukanya Samriddhi Yojana, besides explaining the importance of maintaining a savings account and the benefits of zero balance accounts.

Senior Faculty, Amrik Singh Raju spoke on critical issues related to digital frauds, online scams, fake calls, fraudulent messages and harmful apk files circulated through WhatsApp and guided the participants on safe digital practices to protect themselves from emerging cyber threats.

The program ended with a highly interactive question-and-answer session, during which several queries were raised by the trainees regarding banking and digital safety. The Manager, RBI, provided on-the-spot clarifications and solutions for better understanding and awareness. The session was successfully conducted under the supervision and guidance of the Director, SBI RSETI Ramban, who emphasized the significance of such programs in strengthening financial awareness at the grassroots level.