As part of ‘financial literacy week’, the Jammu and Kashmir State Cooperative Bank organised 30 interactive camps.
The financial literacy week, envisioned by Reserve Bank of India, was conducted from 4 June to 8 June 2018.
The camps were conducted, mostly in far flung areas through NABARD-funded Financial Literacy Centre, the bank in a statement said.
The principal themes covered under the programme were consumer protection, risk versus return and grievance redress.
Managing director, M Lateif along with officers of NABARD sub Office, Srinagar, attended the camps and held thorough interactions with the participants.
The participants raised several queries which were satisfactorily addressed by the bank officers. Participants at several sessions expressed concern over the “selective” implementation of the Pradhan Mantri Fasal Bima Yojna.
They said the scheme has been implemented in Jammu division only and demanded it be made effect in the Kashmir Division as well.
While commending the work done by the Financial Literacy Centre of the bank, its chairman, M. S. Dar highlighted that the Bank has started an aggressive campaign to aware people in general and its clientele in particular about various modes of digital payment systems with stress on risk avoidance.