PERFORMANCE OF FINANCIAL LITERACY AND CREDIT COUNSELLING CENTRES OF CANARA BANK

Financial Literacy and Credit Counselling Centres (FLCCs) are in forefront of financial literacy. For effective financial inclusion, financial literacy is essential to ensure financial services should reach these unreached and under-reached sections of the society. Therefore, the Reserve Bank of India undergone through various efforts to make the people financially educated. The Canara Financial Advisory Trust (CFAT) are the sponsored centres of Canara Bank initiated in the year 2010. The main objectives of CFAT are to provide free financial education to the upliftment of rural as well as urban population. From the past 7 years the CFAT flourishing with 21,800 camps and educated lakh together people with 157 centres established in different part of the country.