In order to further financial literacy, RBI has established centres focused on financial education in our regional offices in Chandigarh, Pune and Bangalore. We hope to replicate this in other cities too.
We have encouraged commercial banks to set up financial literacy and credit counselling centres to help people develop better financial planning skills, and to learn of the opportunities available in the financial sector. Most importantly, we are encouraging both central and state government to include financial literacy in school and college curriculum so that the next generation enters the adult world financially literate.