The monetary and financial policies of the Reserve Bank of India must be guided towards financial literacy, said RBI Deputy Governor Subir Gokarn on Monday. Addressing an outreach programme conducted at Mudageri village in Karwar taluk by the RBI on Monday, Dr. Gokarn said the programme was to create financial awareness among rural masses. It was the 11th programme in the series in the State. The Deputy Governor said he was privileged to hail from Uttara Kannada district and thanked the people for allowing him to participate in a programme which envisaged financial inclusion of rural masses........
......Uma Shankar, Regional Director of the RBI, said the programme aimed at inculcating the habit of saving money among teenagers. The RBI had chalked out many programmes to encourage talent among students. She said that women’s self-help groups were funded by banks to create financial independence and they should avail the benefit. ......
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