Wednesday, February 8, 2012

RBI Dy Guv underlines need for value-based education


Mumbai, Feb 7(PTI) The Reserve Bank Deputy Governor H R Khan has said there is a need for inculcating "value-based education" in students before they join the financial world as professionals. "There could be a case for conditioning of all those who join finance professions by way of value based education and socially relevant experiences during their college days," he said while speaking at a seminar at a city college yesterday. Khan said one should not evolve into "insensitive individuals" caring only for "short-term monetary gains" by putting ethics and moral values at stake. Such behaviour, he said, can disrupt financial systems by causing huge social and economic damages. Educational institutions have an important role to play in the process and injecting "individual morality and social ethics" aimed at responsible financial behaviour, he said.

MSN News

No comments: