The Reserve Bank of India (RBI), in collaboration with the Securities and Exchange Board of India (SEBI), organised a financial literacy programme for Honours students of the Economics and Commerce departments at Fazl Ali College on Wednesday.
Aniruddha S. Patil, Assistant General Manager, SEBI, spoke on budgeting, savings and investment awareness. He explained the 50-30-20 budgeting rule, emergency funds, health insurance and mutual funds, and highlighted SEBI’s Investor Charter and Saathi app.
Achila Pongen, Officer-in-Charge of the Women Police Station, Mokokchung, addressed cybersecurity and financial fraud. She highlighted common scams involving UPI, QR codes, online marketplaces, investments and job offers, advising students to protect their OTPs and UPI PINs and report cyber fraud through helpline 1930.
Arnav Kumar, Manager, RBI Kohima, discussed banking services, deposit insurance, credit scores, responsible borrowing and digital banking safety. He also explained the RBI Integrated Ombudsman Scheme for grievance redressal and the Sachet portal for reporting unauthorised financial schemes.
The programme was chaired by Lushian H, while FAC Vice Principal L. S. Vinod Kumar delivered the welcome address. An interactive quiz was conducted, with prizes awarded to participants. Kethosilhu, Head of the Department of Economics, delivered the vote of thanks.
Faculty members and students from both departments attended the programme.
