A field level financial literacy programme was organised by the Reserve Bank of India (RBI), Shillong at the dorbar hall of Mawkawah village in West Khasi Hills district yesterday.
Around 160 participants comprising of farmers, members of SHGs, small entrepreneurs etc, participated in the programme wherein a total of 18 loan sanction letters amounting to Rs 1.08 crore from the banks operating in the area were handed over to the beneficiaries.
A few banks had also set up counters for social security schemes and note exchange for the benefit of the participants during the programme.
Participants were briefed on the various safety measures and the do’s and don’ts for safe digital banking, customer liability in case of fraudulent transactions and grievance redressal mechanisms in the banking system, new development in the field of digital transactions viz. UPI, BHIM, USSD, etc.
RBI Shillong General Manager and Officer-in-Charge Olden Nongpluh and NABARD General Manager and Officer-in-Charge, officials from the BDO office and others attended the programme.