Financial literacy programme was organised by the Financial Literacy Centre of State Bank of Mysore at Naganahalli village in Mysore taluk, recently.
Sujata Srikantaih, AGM, RBI, Bengaluru, advised the villagers to open accounts at their nearest bank and avail various benefits by the government in the form of subsidies and also loans at affordable interest rates.
Aravamudan, AGM, NABARD, Mysuru, spoke about various subsidies provided to the farmers by NABARD through bank loans and requested the farmers, particularly SC/ST and women borrowers to make best use of them. As the government is keen to bring in new entrepreneurs under the ‘Start-up scheme’, he advised them to encourage the younger generation of SC/ST and women to contact the nearest bank to avail the benefits.
K N Shivalingaiah, Chief Manager, Lead Bank, SBM, Mysore district, explained the various social security schemes including the Jeevan Jyothi and Jeevan Suraksha schemes at affordable premium and called upon the farmers to join the scheme and get benefited.
PDO Puttaswamychar, Financial Literacy Counselor, SBM, K V Ramanath, FLC, Hunsur, Veerakumar, Manager Dinesh, panchayat chairman Chaitra, panchayat vice-president Cheluvaraj, members of the panchayat, Milk Diary president Somanna and others were present.
Financial literacy programme is an effort by NABARD to create an awareness among the rural folk and educational institutions about the existence of various government and bank schemes through financial counsellors at taluk level to make people avail benefits from their nearest nationalised banks.