RBI launches national financial education strategy

India

The Reserve Bank of India has launched a five-year national strategy for financial education, aiming to build on India’s rapid recent growth in financial inclusion.

The strategy, published on August 20, has several aims, ranging from spreading basic financial literacy concepts to encouraging saving. It also aims to develop “credit discipline” and support people in managing risks through insurance, as well as helping them to make preparations for retirement.

Alongside other financial regulators

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