Inclusive banking may have moved to the top of the agenda in the country, but patronising a bank doesn’t always mean that people escape the attention of moneylenders and other unscrupulous elements.
To avoid them, and the dangers they bring, calls for financial literacy. Financial literature in the vernacular could go an extra mile in reaching out to the rural poor and the unbanked at large.
SHARING EXPERTISE
This is exactly what set V. Prabhakaran Nair, general manager of Kerala State Cooperative Bank and a former assistant general manager of State Bank of Travancore, thinking in this direction.
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