India: Central Bank releases first draft on national strategy on financial literacy

July 24, 2012
Ankur Sohanpal

Financial literacy will no longer be a mere moral obligation for state-run banks in India, with a new government proposal which will make it the responsibility of industry stakeholders. This draft being released by the Central Bank, Reserve Bank of India, is called National Strategy for Financial Education, also suggests ways in which regulators, commercial banks and MFIs approach financial literacy programmes. Read more here.



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