“Kona Kona Shiksha” is a CSR initiative launched in July 2021 to promote financial literacy to young citizens of the country.
It's extremely important to educate people on personal finance from the school, said Nilesh Shah of Kotak AMC at a panel discussion on financial literacy at IFTA 2023.
The 2012 edition of Visa Global Financial Literacy Barometer survey released today has ranked India at 23rd in a list of 28 countries on the financial literacy front.
Open any newspaper today and you are likely to be bombarded with many ads from banks soliciting you to invest in their Fixed Deposits.
Indians, who demonstrate impressive optimism, have lowest concern about financial hardship in retirement, according to survey done across 17 countries by Canara HSBC Oriental Bank of Commerce Life Insurance.