Bank promotes financial literacy among students

Date:

Share post:

spot_imgspot_img

By Our Reporter

SHILLONG, Oct 18: In a unique initiative, the Meghalaya Rural Bank (MRB) organised a financial credit and counselling campaign on Friday for the students of St. Theresa’s Upper Primary School in Kreit village, located within Sohiong C&RD Block.
Addressing the young audience, MRB’s Mawlaingut branch manager, Markynti Marbaniang, stressed the importance of cultivating saving habits early in life.
She advised the students not to spend all the money they receive from parents or relatives on unhealthy snacks, encouraging them to save instead.
Marbaniang also informed parents about the benefits of recurring deposits, which offer the potential for higher interest earnings.
She further introduced various government schemes, including the Atal Pension Scheme, Pradhan Mantri Jeevan Jyoti Bima Yojana (life insurance), and Pradhan Mantri Suraksha Bima Yojana (accidental insurance).
During the programme, one of the students, Alvorene Lyngdoh, expressed her excitement about what she learned during the session.
“Today we learned so much about savings, recurring deposits, insurance, and the importance of having a bank account. What we learned will prepare us for the future,” she said.
The headteacher of the school, Efrimai Mawlong, along with other staff members, also attended the programme.
It may be mentioned that several parents opened savings accounts for their children following the campaign.

spot_imgspot_img

Related articles

Nitin Gadkari to inspect Delhi-Mumbai Expressway after Dausa bus fire tragedy that killed 8

Dausa, July 7: Union Road Transport and Highways Minister Nitin Gadkari is scheduled to inspect the Delhi-Mumbai Expressway...

UNESCO-listed Darjeeling Himalayan Railway celebrates Toy Train Day with community outreach

Guwahati, July 7: The Darjeeling Himalayan Railway (DHR), a UNESCO World Heritage Site, celebrated 'Toy Train Day' with...

Tea Association of India  requests for plethora of sops in pre-Budget memo to Assam Finance Minister

Guwahati, July 7: The Tea Association of India(TAI) in its pre-Budget Memorandum submitted to the Finance Minister of...

Students’ decline in govt schools: Assam minister refutes Raijor Dal chief’s claim

GUWAHATI, July 7: Assam education minister Ranoj Pegu has categorically dismissed claims by Raijor Dal chief, Akhil Gogoi...