........Shri M.Sebastian, Chief General Manager & Banking Ombudsman, RBI, Hyderabad has emphasized the need of financial literacy to the student in addition to the text book education, which is very important in the human life. The World is behind financial education and RBI emphasizes the literacy on financial system. Sebastian felt that financial literacy should not be confined to the financial institutions but also to extend to the teaching community since teachers have greatest influence on the minds of students. Teachers play a major role in shaping the young India and good facilitator to the student as well, Sebastian avered. He complimented the entire team of Mahesh Bank for instituting Mahesh Bank Teachers’ Award and said that this event should continue as an annual feature henceforth. Sebastian conveyed greetings to the teaching community on the Teachers Day.........
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