Paresh Chauhan with other officials during the
inauguration of RBI Financial Literacy Week 2025 for Nagaland at Hotel Vivor,
Kohima, on Monday.
DIMAPUR — The
Reserve Bank of India’s (RBI) Financial Literacy Week 2025 for Nagaland was
inaugurated at Hotel Vivor, Kohima, on Monday by Paresh Chauhan, General
Manager and Officer-in-Charge.
According to a DIPR report, the function was attended by
Makuni Thaimei, AGM, State Bank of India, Kohima; Velayutham S, Chairman of
Nagaland Rural Bank; Nengneithem Hengna, Director of Project Runway India HM
Pvt. Ltd.; SHG members (NSRLM) of Meriema, Tsiesema Bawe, Tsiesema Basa, and
Thizama; representatives of NSRLM, various banks and CFLs.
The RBI has been observing Financial Literacy Week (FLW)
every year since 2016 on a specific theme targeted at particular segments of
the population. Financial Literacy Week 2025, which is being observed from February 24 to the 28th, marks the 10th edition of this initiative.
The objective behind observing Financial Literacy Week is to
spread awareness among people about key financial topics through focused
campaigns.
Financial literacy empowers individuals and households to
manage their money effectively, plan for their future, and make informed and
responsible financial decisions, leading to financial well-being, and also
makes them aware of their rights as consumers of financial products and
services, it stated.
“As the financial landscape evolves rapidly, the need for
financial literacy and understanding the risks and rewards associated with
making financial decisions has never been more crucial,” the report stated.
Earlier, on Monday, Financial Literacy Week 2025 was
inaugurated by RBI Governor Sanjay Malhotra in Mumbai.
This year’s theme, ‘Financial literacy: Women’s prosperity,’
is aimed at prioritising financial literacy for women considering their
multifaceted role in society.
The campaign will cover topics such as risk diversification,
responsible borrowing, maintaining a good credit score and household budgeting
and will have a special focus on homemakers, working women and women
entrepreneurs.
“During the course of the week, the Reserve Bank of India,
in collaboration with banks and other stakeholders, will organise awareness programmes
and outreach activities across the country. These initiatives will also be
sustained during the year to ensure a lasting impact,” the report added.
