Further, 35,000 rural branches of SCBs including RRBs have been mandated to undertake outdoor financial literacy activities, at least once a month, with focus on financially excluded population.
Meanwhile, Mexico’s national income declined by about 500 billion pesos, or about 2.5 per cent of annual GDP. In response to the shock, our currencies depreciated—the peso dropped by 28 per cent against the US dollar during the same period, while the Canadian dollar declined about 20 per cent. Of course, some amount of depreciation was not surprising.