Reserve Bank of India (RBI) has been conducting Financial Literacy Week (FLW) every year since 2016 to propagate financial education messages on a particular theme across the country. The FLW for 2023 will be observed from February 13 to 17, 2023. The theme selected for the current year is ‘Good Financial Behaviour-Your Saviour’.
The inaugural function for FLW 2023 was held on February 13, 2023, at RBI, Nagpur. To mark the commencement of Financial Literacy Week, Ms. Sangeeta Lalwani, Regional Director (RD), RBI, Nagpur unveiled the posters on this year’s theme and senior officers of RBI, Nagpur, Chairman, Vidarbha Konkan Gramin Bank (VKGB), Zonal Manager, Bank of Maharashtra, Deputy Zonal Manager of Bank of India, Chief Executive Officers of Gadchiroli and Chandrapur District Central Co-operative Banks (DCCBs), District Development Manager, NABARD and Lead District Manager, Bank of India for Nagpur district were present on the occasion. District Development Managers of NABARD, Lead District Managers and Centres for Financial Literacy functionaries from Vidarbha region attended the same through video conference.
While highlighting the theme of the FLW 2023, Regional Director in her inaugural address focused upon the key messages to be disseminated during the week, viz. “Saving, planning, and budgeting” and “Prudent use of digital financial services”. She mentioned that the foundation of sound financial behaviour rests on planning of personal finances and budgets enabling better financial decisions and preparing for unforeseen contingencies and emergencies.
She added that given India’s G20 Presidency in 2023, financial literacy efforts assume even more significance as it can be considered a sine quo non for sustained financial inclusion and consumer protection. Digital financial services are convenient and time saving, there is always need of prudent behaviour to prevent scams, frauds, unauthorised use of data, etc. She urged the banks and other stakeholders to disseminate the information and create awareness among its customers and public.
RBI shall be undertaking a centralised mass media campaign during this month of February to broadcast essential financial awareness messages on the theme.
Regional Director flagged-off mobile vans in coordination with Vidarbha Konkan Gramin Bank (VKGB) and the DCCBs of Gadchiroli and Chandrapur , which will cover the interior areas of Vidarbha region including Bhandara, Gondia, Gadchiroli, Chandrapur and Nagpur districts to spread FLW 2023 messages.
The messages on theme of FLW 2023 have been displayed on LED at Airport Metro station of Nagpur. Further, various Financial Literacy (FL) activities including FL camps and Nukkad Nataks are being organized across eleven districts of Vidarbha during the week