Bhopal : Better bank management plays a significant role in any country’s development and Reserve Bank of India is performing this role very well. This was stated by finance minister Raghavji, while addressing a programme held in village Gondarmau of the city, organised by Reserve Bank of India (RBI) on Monday. Raghavji in his address gave detailed information on banking extension and its benefits to common man. He said no nation can progress without better bank management. It is necessary that every person must understand banking system and bring them in practice. He said payment in several schemes of the government is being made through bank. Emphasising on safety of money he said bank is the only measure for protection from loot, theft and fraud.
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Financial awareness needed, says H.R.Khan, RBI Deputy Governor |
RBI Deputy Governor, H R Khan focusing on financial awareness said the main objective of this programme is to link more and more people with banking system. He said nearly 6,000 villages having more than 2000 population, are covered under this banking system. He appreciated the role of the state government in taking initiative in imparting of financial education in general education. Khan, explaining about various online facilities, said that banks are providing facilities of business facilitator and delivery banking. Small savings are being promoted. Banks through NGOs are working to develop womens interest towards banking. The facility of money transfer is being streamlined. Chief secretary Avani Vaish said students should be informed about banking system as they are the future. RBI Regional Director P K Panda spoke on smart card and other facilities. Bhopal divisional commissioner Pravin Garg, collector Nikunj Kumar Shrivastava, SSP Yogesh Chaudhary, Banking Lokpal Karunakaran were present on the occasion.
FPJ
