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Financial Literacy is a critical success factor towards achieving the Government of India’s Vision of achieving complete Financial Inclusions. Basic financial knowledge is crucial to help our citizens become financially responsible as well as secure their financial future and motivate them to embrace the formal banking channels.
Towards the foregoing, YES BANK, India’s 4th largest private sector Banks has joined hands with Bombay Stock Exchange (BSE) and Institute of Chartered Accountants of India (ICAI) towards furthering the cause of FINANCIAL LITERACY in India.
Under this partnership, YES BANK will conduct financial literacy camps throughout its over 600 branches covering all 29 states & 7 Union Territories, through the content leadership and association of the investor initiatives of BSE and ICAI to champion the cause of Financial Literacy in our country India.
The initiative underscores YES BANK’s ethos of Responsible Banking towards achieving the key of Inclusive Development and Growth. YES BANK will also use its successful YES COMMUNITY initiative to dovetail the cause of Financial Literacy in India.
The announcement was made on the sidelines of the ICAI CMII Corporate Conclave by Rana Kapoor, MD&CEO YES BANK in the presence of Mr. Ashish Chauhan, MD & CEO, BSE and CA Tarun Ghia, Chairman, ICAI CMII.
Under the partnership, YES BANK, BSE and ICAI will conduct joint knowledge events as well as provide training and online courses to improve the level of awareness about financial planning and savings among Indian citizens. Senior Executives and industry experts from all these 3 organizations will join hands to create engaging content for spreading the mission of Financial Literacy in the country.
The partnership will also aim to reach out to colleges to deliberate on the idea of including Financial Literacy courses in schools and colleges across India
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