Financial education for all: RBI’s Chakrabarty
The focus of robust oversight and regulatory practices protected India's financial sector from the turbulence of international markets, said KC Chakrabarty, a deputy governor of the Reserve Bank of India. He spoke last Monday at the launch of Federal Bank's Ashwas (assurance) Trust, which will run its financial literacy and credit counselling centres.
The establishment of the centres was "a milestone", he said. Emphasising that opening a basic bank account is not by itself a sign of inclusion
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