RBI holds field-level financial literacy program at Jairampur

ITANAGAR, Nov 7: The Reserve Bank of India (RBI), Itanagar in collaboration with Arunachal State Rural Livelihoods Mission (ArSRLM) organized a Field-Level Financial Literacy Programme at the ADC’s office conference hall, Jairampur today.

The programme witnessed active participation from more than 130 Self-Help Group (SHG) members mobilized under ArSRLM.

The Financial Literacy session was delivered by Amit Yadav (Manager RBI), who covered a wide range of topics including Basics of Banking and Credit, Insurance and Pension Schemes, Social Security Schemes (PMJJBY, PMSBY, APY), importance of KYC and nominee details, Safe Digital & Internet Banking practices, and procedures for claiming funds from the Depositor Education and Awareness Fund (DEAF).

Participants were also introduced to the RBI Kehta Hai initiative through informative audio-visual presentations.

Binod Kumar Yadav, LDM SBI, briefed the participants on banking services available to SHGs and emphasized the benefits of the AtmaNirbhar Arunachal Pradesh schemes. He assured support for strengthening credit linkage of SHGs with financial institutions.

Kamal Roy, AGM NABARD, shared insights on the evolution of SHGs and the SHG–Bank Linkage Programme, along with various developmental interventions of NABARD in Farm, Off-Farm and MSME sectors.

He also highlighted NABARD’s Geographical Indications (GI) initiatives, encouraging SHG members to register as authorised GI users. In addition, he emphasized the role of Cooperatives and Cluster Level Federations (CLFs) in enabling SHGs to scale sustainably, outlining initiatives undertaken by the Ministry of Cooperation and NABARD to strengthen the cooperative ecosystem.

Chandan Prasad, president BLCCT, highlighted various livelihood activities undertaken with support from NABARD and encouraged SHG members to come forward for enterprise development.

Rajib Rudra, Asstt Manager RBI Itanagar, was also present.

The programme concluded with an interactive Q&A session, during which SHG members actively engaged with the resource persons, seeking clarifications and sharing field-level experiences.