Shillong, September 26, 2025: The Reserve Bank of India (RBI), Shillong Regional Office, conducted a Field Level Financial Literacy Event (FLFLE) cum Financial Inclusion Saturation Camp on Friday at Mawsynram Border Area College in East Khasi Hills, Meghalaya. The initiative forms part of RBI’s annual drive to enhance financial literacy and deepen financial inclusion in rural and border areas.
The programme was inaugurated by Shri Hangsha Dhar Daimari, Deputy General Manager, Financial Inclusion and Development Department (FIDD), RBI Shillong. Senior banking officials including Shri Prakash Lamsal, Branch Manager, SBI Mawsynram, and Shri P. Kharkongor, Branch Manager, MCAB Mawsynram, joined the event, alongside the Principal of Mawsynram Border Area College, village representatives, and local residents.
In his address, Shri Daimari underlined the importance of financial planning and personal budgeting as the foundation for sound financial behaviour. He urged participants to prepare for contingencies by managing finances prudently and highlighted the expanding role of digital financial services. While acknowledging their convenience, he cautioned against risks such as fraud, scams, and data misuse, stressing the need for vigilance in digital transactions.
MCAB’s Shri Kharkongor commended the RBI for driving financial literacy efforts in Meghalaya and called on bankers to ensure rural communities benefit from credit schemes. He particularly emphasized the Kisan Credit Card (KCC) programme, where the state government extends full interest subvention to borrowers.
The RBI team delivered a comprehensive presentation covering financial planning, enrollment in social security schemes, Re-KYC requirements, the UDGAM portal, MANI app, and measures to protect against fraudulent communication. The session also detailed grievance redressal frameworks such as the Banking Ombudsman Scheme, Ombudsman Scheme for NBFCs, and Ombudsman Scheme for Digital Transactions.
Participants were sensitized on responsible credit behaviour, digital payment platforms including UPI, BHIM, and USSD, and recent developments in digital banking. The programme concluded with a quiz session designed to reinforce key takeaways on financial literacy and inclusion.
The event is part of RBI’s broader mandate to strengthen financial awareness and promote inclusive banking practices across the country, particularly in underserved regions.
