RBI’s Chakrabarty explores financial education in emerging markets


Kamalesh Chandra Chakrabarty, a deputy governor of the Reserve Bank of India, delivered a speech on June 5 that explored the benefits of extending financial education in emerging markets.

Speaking at a literacy forum in Mumbai, Chakrabarty said that financial education "essentially involves two elements, one of access and the other of literacy". He explained that financial education should commence at school level, so students could act as "ambassadors" to spread financial knowledge to the wider

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