ANNUAL REPORT

Transcription

1 ANNUAL REPORT Jnana Jyothi Financial Literacy and Credit Counselling Trust (Jointly sponsored by Syndicate Bank and Vijaya Bank) Registered Office: Syndicate Bank Head Office Building MANIPAL Website: Tel: Fax:

2 VISITS OF DIGNITARIES Sri Arun Shrivastava, Managing Director & CEO of Syndicate Bank visited Central Secretariat of Jnana Jyothi FLCC Trust on Others seen are Sri T.V. Bhat, Managing Trustee, Sri K. Santhosh Kamath, GM & Sri K.T. Rai, Field GM of Syndicate Bank, Dr. Ramachandra Kamath, Trustee and members of staff of the Trust Sri M.S. Mahabaleshwar Bhat, CGM of Karnataka Bank visited Tiptur FLC along with Sri Gopal S. Parvathi, AGM on During the visit of Sri Laxmipathi, AGM, RBI Bengaluru, Puttur FLC has conducted a Workshop for members of Self Help Groups at Kabaka Grama Panchayat Hall on Sri A.V. Ravindra Prasad, AGM, NABARD and Sri M. Muralidhar, Manager, RBI visited our Kalyanadurgam FLC on Mathura FLC in association with LDO Mathura organized FL Camp at Paitha Gaon on which was attended by Sri Samir Samantara, DGM, NABARD, Sri Deepak Narang, AGM, RBI, and other dignitaries FL programme at Neelakeni Girls High School by Sirsi FLC on Sri Laxmipathi, AGM, RBI Bengaluru addressed the students Ms. B.B. Sarojini, AGM, RBI, Hyderabad visited Kurnool FLC on Sri J. Ramesh Babu, AGM, NABARD visited the Naidupeta FLC on

3 BOARD OF TRUSTEES SRI I.N. RAGHAVENDRA BHAT Managing Trustee SRI H. SURESH PRABHU Trustee SRI SATHEESHA A.S. Trustee DR. RAMACHANDRA KAMATH Trustee SRI N.T. HEGDE Secretary 01

4 INAUGURATION OF NEW FINANCIAL LITERACY CENTRES Shikaripura FLC on by Sri G Lohit, Executive Officer of Taluk Panchayat, Shikaripura Naidupeta FLC on by Sri G. Siva Shankar Reddy, RM of APG Bank Kandukur FLC on by Sri D. Sampath Kumar Chary, Chairman of APG Bank Alur FLC on by Sri Siddaraju, Project Director, DRDA, Hassan Arsikere FLC on by Sri K.M. Shivalinge Gowda, MLA, Arsikere Sakaleshpur FLC on by Smt. K.A. Lolakshi, President, Taluk Panchayat, Sakaleshpur Sringeri FLC on by Sri T.V. Bhat, Managing Trustee of JJFLCC Trust Raibag FLC on by Sri Aditya Mavinakurve, AGM (DD) of NABARD Jamakhandi FLC on by Sri Narayana Yaji, RM of KVG Bank, Bagalkot Holalkere FLC on by Sri Radhakrishnan Nair, CM of Syndicate Bank, RO, Shivamogga Prithla FLC on by Sri S.M. Gorabal, RM of Syndicate Bank, Faridabad Farrukhnagar FLC on by Sri S.M. Gorabal, RM of Syndicate Bank, Faridabad Sri Vivek Deep, General Manager, FIDD, Reserve Bank of India, Bengaluru addressing the Financial Literacy Counselors at the 2-Day Training Programme held at Syndicate Institute of Bank Management, Manipal on Others seen are (from R to L) Sri T.V. Bhat, Managing Trustee, Sri K. Bijumani, DGM & Principal of SIBM, Sri Satheesha A.S., Trustee, Sri B.R. Hiremath, AGM of Syndicate Bank, CO, Bengaluru, Sri K. Subba Rao, LDCM, Syndicate Bank, Udupi, Dr. Ramachandra Kamath, Trustee and Faculty Members of SIBM & Financial Literacy Counselors 02

5 Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where those services are not available or affordable. Financial Inclusion has been embedded as an objective of economic policy in India since independence. Financial inclusion ranks high in the list of priorities of Reserve Bank of India. Accordingly, Banks were encouraged to pursue Board-approved 3-year Financial Inclusion Plan (FIP) for the period to cover the unbanked villages with population of less than 2000 by March ANNUAL REPORT FINANCIAL INCLUSION Reserve Bank of India continued its efforts towards universal financial inclusion. Given the boost provided by the Pradhan Mantri Jan Dhan Yojana (PMJDY) in August 2014, considerable banking penetration has occurred, particularly in rural areas. However, significant number of banking outlets operates in branchless mode through Business Correspondents (BCs)/ Business Facilitators (BFs). Dominance of BCs in the rural areas can be gauged from the fact that almost 91 per cent of the banking outlets were operating in branchless mode as on March 31, Particulars As on December 9, 2015, million accounts have been opened and million RuPay debit cards have been issued under PMJDY. The scheme was launched on 28th August, 2014 with the objectives of providing universal access to banking facilities, providing basic banking accounts with overdraft facility and RuPay Debit card to all households, conducting financial literacy programmes, creation of credit guarantee fund, microinsurance and unorganized sector pension schemes. The objectives are expected to be achieved in two phases over a period of four years up to August Banks are also permitted to avail of Reserve Bank s scheme for subsidy on rural ATMs. The objectives of the Financial Inclusion Plan (FIP) spearheaded by the Reserve Bank and PMJDY are congruent to each other. To ensure extension of banking facilities to all unbanked villages, about 4.90 lakh unbanked villages with population of less than 2,000 were identified by RBI and were allotted to Banks for coverage under the on-going Phase II of the roadmap for provision of banking facilities in unbanked villages. It is reported that more than 3.90 lakh villages were covered by 14,207 branches, 3.58 lakh BCs and 18,324 other modes, such as ATMs, Mobile Van etc. Financial Inclusion Progress at a glance Year ended Mar 2010 Year ended Mar 2014 Year ended Mar 2015 Progress April 2014-Mar 2015 Banking Outlets in Villages - Branches 33,378 46,126 49,571 3,445 Banking Outlets in Villages Branchless mode 34,316 3,37,678 5,04,142 1,66,464 Banking Outlets in Villages TOTAL 67,694 3,83,804 5,53,713 1,69,909 Urban Locations covered through BCs ,730 96,847 36,117 BSBD Accounts (in million) BSBD Accounts (Amount in ` billion) OD facility availed in BSBD A/c (No. in million) OD facility availed in BSBD A/c (Amount in ` billion) KCCs (No. in million) KCCs (Amount in ` billion) 1, , , GCC (No. in million) GCC (Amount in ` billion) , , ICT A/cs-BC Transaction (No. in million)* ICT A/cs-BC Transaction (Amount in ` billion)* *during the financial year Source: RBI Annual Report Initiatives of Government of India: With the inception of PMJDY, Government of India have accorded top priority to the pursuit of financial inclusion. To increase the penetration of insurance and pension coverage in the country, the Government of India have launched some social security and insurance schemes, i.e., Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana and Atal Pension Yojana in May As on December 16, 2015, 92.6 million beneficiaries have been enrolled under the Pradhan Mantri Suraksha Bima Yojana and 29.2 million have been enrolled under Pradhan Mantri Jeevan Jyoti Bima Yojana. Further, 1.3 million account holders have been enrolled under Atal Pension Yojana. In order to integrate Financial Literacy with Skill Development, Government of India have advised the Banks to map the Industrial Training Institutes - Government & Private, Vocational Training Partners and Operational Centres with Financial Literacy Centres & Bank Branches. FLCs and Banks are required to provide free financial literacy on various financial products & services and create awareness on the advantages of being connected with the formal banking system. This will further enhance the career 03

6 prospects and result in creation of financially literate citizens. The Mission Office of Government of India has also prepared and made available financial literacy material for imparting financial literacy to the students of these skilling centres. The Mission Office is closely monitoring the programmes conducted through periodical reports. Apart from direct initiatives, the RBI s efforts to expand financial literacy are channeled through Banks. In terms of latest instructions issued by RBI, Financial Literacy Centres and rural branches of Banks are required to conduct Financial Literacy Camps at least once a month with focus on financially excluded FINANCIAL LITERACY people. Additionally, Banks are encouraged to conduct such camps in unbanked locations. The number of FLCs increased from 942 as at the end of March 2014 to 1181 as at the end of March The position of financial literacy activities of Financial Literacy Centres is furnished below: Particulars No. of operational FLCs 942 1,181 No. of financial literacy camps conducted 56,985 84,089 No. of participants 38,26,068 52,38,358 No. of participants opened accounts after attending the camp 14,42,546 No. of participants already having accounts while attending the camp 28,90,204 ABOUT THE TRUST Jnana Jyothi Financial Literacy and Credit Counselling Trust, jointly sponsored by Syndicate Bank and Vijaya Bank, was established on with its Headquarters at Manipal, with the following objectives: 1. To provide financial counseling services through face to face interaction as well as through other available media like , mobile etc. as per convenience of the interested persons, including education on responsible borrowing, proactive & early savings and offering debt counseling to individuals who are indebted to formal and / or informal financial sectors. 2. To educate the people in rural and urban areas with regard to various financial products and services available from the formal financial sector. 3. To make the people aware of the advantages of being connected with the formal financial sector. 4. To formulate debt restructuring plans for borrowers in distress and recommend the same to formal financial institutions, including cooperatives, for consideration. 5. To take up any such activity that promotes financial literacy, awareness of the banking services, financial planning and amelioration of debt related distress of an individual. The Trust, through the various Financial Literacy Centres opened in the District/Block centres allotted to the sponsor Banks by SLBCs/DCCs, is spreading financial literacy to the target groups by conducting awareness camps. Institutional Sponsors: Karnataka Bank Ltd. and Andhra Pragathi Grameena Bank (sponsored by Syndicate Bank) have since joined the Trust as Institutional Sponsors for opening FLCs in those centres allotted to them by respective SLBCs. Management: Sri T.V. Bhat, former General Manager of Syndicate Bank and one of the Founder Trustees, took over charge as Managing Trustee on and contributed significantly for the growth of the Trust till his demitting the office on The Author Bank has nominated Sri I.N. Raghavendra Bhat, retired General Manager of Syndicate Bank as Managing Trustee for a period of 2 years and he assumed charge on The Management of the affairs of the Trust vests with the Board of Trustees. The Board of Trustees comprises 1. Sri I.N. Raghavendra Bhat (former GM of Syndicate Bank), Managing Trustee 2. Sri H. Suresh Prabhu (former ED of South Indian Bank & former GM of Syndicate Bank), Trustee 3. Sri Satheesha A.S. (former GM of Vijaya Bank), Trustee 4. Dr. Ramachandra Kamath (Professor, Department of Public Health, Manipal University), Trustee Sri N.T. Hegde (former Dy. General Manager of Syndicate Bank and Chairman of erstwhile Gurgaon Gramin Bank), is the Secretary (Chief Executive Officer). Strategies Adopted The Financial Literacy Centres of the Trust provide free financial literacy and credit counseling services to existing and potential customers of all Banks. To achieve the objectives of the Trust, the following strategies have been adopted: 1. Collecting vital statistics of block/village panchayats, such as number & name of Villages, Schools, Colleges, Self Help Groups, Farmers Clubs etc. relevant to our activities. 2. Collecting Block-level banking data, details of Villages/ Gram Panchayats allotted under Service Area Approach, unbanked villages of population of 2000 & above and below 2000, villages where BCs have been appointed. 3. Identifying and contacting District/Taluk level Government Departments, Development Agencies, Chief Executive Officers of Zilla Panchayats and Executive Officers of Taluk Panchayats, Agricultural Department, Social Welfare Department, DRDO, who are engaged in extension activities at village level. 4. Liaison with District Education Officer/Head of Educational Institutes to provide an opportunity to conduct financial literacy classes for students from V Std to VII Std and from VIII to XII Std separately. 04

7 5. Associating with Training Programmes organized by Rural Development & Self Employment Training Institutes and other organizations engaged in similar activities. 6. Identifying active NGOs/Farmers Clubs and other local organizations for conducting Financial Literacy programmes. 7. Introduction of Annual Action Plan for each FLC to conduct/ associate with financial literacy programmes at Village/Block levels. 8. Making available details of all relevant information on financial literacy in our Website. Methodology of holding campaigns: Keeping in view the target groups who are illiterate and less aware of financial services, the Trust since its inception, believed that (a) target groups cannot be expected to visit the FLCs as they are located in the District/Tehsil headquarters, which involves cost and time, and (b) it is not easy to mobilize people for giving financial literacy programmes. We therefore adopted a policy to identify centres, places, organizations where target groups meet in villages, i.e. forums such as Gram Sabhas, village level meetings, Farmers Clubs, Self Help Groups & Anganwadi workers. Financial Literacy programmes have been conducted as per Reserve Bank of India syllabus, to educate the people about the need for saving, how to plan their expenditure, how to curtail unnecessary expenses, where to save their hard earned money etc. Communication through word of mouth, being the most effective way, was adopted to bring awareness of relevant financial products & services available from the Banks and insurance companies by associating ourselves with the meetings/programmes organized by various forums. In Schools, Colleges, Self Employment and other Training Centres, regular class room sessions were taken making power point presentation wherever possible apart from distribution of relevant publicity literature and display of posters on financial products & services. The Financial Literacy material provided by RBI was made available to all the FLCs and they were advised to conduct the programmes as per RBI guidelines in three phases. PERFORMANCE OF THE TRUST A brief account of performance of the Trust for the year ended is as under: Opening of Financial Literacy Centres: Trust opened 12 new centres during the year There were total 79 Financial Literacy Centres in the States of Karnataka (47), Kerala (8), Andhra Pradesh (10), Uttar Pradesh (8), Haryana (5) and U.T. of Lakshadweep (1). The Bank-wise and State-wise spread of FLCs are as under: State Syndicate Bank Vijaya Bank Karnataka Bank Andhra Pragathi Grameena Bank Karnataka Andhra Pradesh Kerala Uttar Pradesh 8 8 Haryana 5 5 U.T. of Lakshadweep 1 1 Total TOTAL Activities: The constant rapport and liaison with various development agencies at District/Taluk/Gram Panchayat level, educational institutions and various other organizations, have facilitated to conduct/associate with financial literacy campaigns since its inception in October The year-wise performance during the last 5 years is given in the following table, indicating a steady increase in number of awareness programmes and also number of participants/ beneficiaries: Year No. of FLCs No. of Programmes No. of people covered No.of people visited FLCs ,600 1,63,423 3, ,675 5,45,057 23, ,696 5,91,995 27, ,475 7,01,396 27, ,018 8,63,185 30,259 05

8 The State-wise performance of our Financial Literacy Centres during Target Group Karnataka (47 Centres) Kerala (8 centres) & Lakshadweep (1 centre) Andhra Pradesh (10 Centres) Haryana (5 Centres) Uttar Pradesh (8 Centres) GRAND TOTAL (79 Centres) No. of Prog. Persons participated No. of Prog. Persons participated No. of Prog. Persons participated No. of Prog. Persons participated No. of Prog. Persons participated No. of Prog. Persons participated Villages Self Help Groups Farmers Clubs Self Employment Training Institutes NABARD DIC / KVIC / MSME SHG Federation NGOs Anganwadi Workers Meetings of BCs convened by Banks Primary Schools High Schools Colleges NCC / NSS camps Others Association with rural branches of Banks TOTAL No. of Melas / Exhibitions DCC / BLBC / Gram Sabha No. of persons visited the FLCs During the year , out of 21,018 programmes, the Financial Literacy Centres have organized 5,539 campaigns in villages covering 1,94,564 villagers, 4,419 programmes for SHGs comprising 1,11,834 members, 370 Farmers Clubs benefitting 14,192 farmers, 1,188 programmes in Self Employment Training Institutes covering 43,061 persons, 887 programmes for 25,529 Anganwadi workers, 5,033 programmes in Primary Schools/High Schools/Colleges covering 2,88,374 students, associated with rural branches of Banks in 889 camps covering 46,077 persons and 7,726 campaigns covering 1,39,554 persons belonging to other target groups comprising women, unemployed youth, rural service organizations etc. These Financial Literacy Centres have also enrolled over 2,30,000 people under Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana and Atal Pension Yojana, with various Banks. The Trust is also making efforts through its centres to achieve 100% financial literacy in villages under Saansad Adarsh Gram Yojana and Synd Samagra Grama Vikas Yojana. Mapping of Skilling Centres with the FLCs: The Financial Literacy Centres have started conducting camps in Government & Private Industrial Training Institutes, Vocational Training Partners and Operational Centres through out the country to provide information on Micro Enterprises, Small & Medium Enterprises and Prime Minister s MUDRA Yojana to support the Make in India Campaign. The State-wise position of Skilling Centres mapped with our FLCs, sessions conducted and students covered as at the end of March 2016 is as under: Name of the State No. of Skilling Centres No. of Skilling Centres mapped No. of sessions conducted No. of students covered Karnataka ,422 Andhra Pradesh ,031 Kerala ,815 Uttar Pradesh ,793 Haryana ,684 U.T. of Lakshadweep TOTAL ,819 06

9 Credit Counseling: Credit Counseling comprises (a) preventive credit counseling and (b) curative credit counseling. As per RBI guidelines, for curative credit counseling, Centres have to obtain mandate from the Banks to extend Credit Counseling services to borrowers. The Centres have been able to extend preventive counseling to 14,065 people. SPECIAL EVENTS 1. Visit of Government of India official: Sri Sudhir Shyam, Director, Ministry of Finance, Govt. of India, New Delhi visited Kurnool on and had interaction with the BCs. The senior Counselor of our Kurnool FLC actively participated in the financial literacy programmes arranged by Syndicate Bank, Andhra Bank and Andhra Pragathi Grameena Bank 3. Visit of Ministers / MPs: Sri Prahlad Joshi, Hon ble Member of Parliament visited the Stall installed by Dharwad FLC at Kala Bhavan, Dharwad on the occasion of programme of Public Information Drive conducted by Zilla Panchayat, Dharwad and Public Information Bureau on The Hon ble MP appreciated the efforts of the FLC. Sri Manish Gupta, Director, Dept of Financial Services, Ministry of Finance, Government of India, New Delhi visited our Anekal Sri M.Venkaiah Naidu, Hon ble Union Minister for Parliamentary Affairs and Urban Development, Govt. of India visited the publicity stall arranged by our Nellore FLC on , along with Smt. Janaki, IAS, District Collector of Nellore. The stall was put up FLC on and had interaction with the Counselors. He witnessed the financial literacy functions arranged by the FLC jointly with Syndicate Bank Branches in the District. 2. Release of Annual Report of the Trust: Sri Arun Shrivastava, Managing Director and CEO of Syndicate Bank, visited the Central Secretariat of the Trust on along with Sri K.T. Rai, FGM & Sri K. Sathosh Kamath, GM of the Bank. He was greeted by Sri T.V. Bhat, Managing Trustee and Dr. Ramachandra Kamath, Trustee. On this occasion, he released the Annual Report of the Trust. He also made a few suggestions to fully literate the people in financial aspects and ways & means to saturate the financial literacy. on the occasion of programme arranged by the District Authority for paying `20 lakh towards Suraksha Bima Yojana for 10,000 SHG members on the eve of Raksha Bandhan. The Counselors explained to the Hon ble Minister about establishment & progress of the Trust and also the activities undertaken by the FLC. 4. Visit of RBI/NABARD and other officials: Sri R.N. Dash, Regional Director, RBI, Hyderabad visited the Stall put up by our FLC Adoni at Mantralayam 07

10 on along with his wife Mrs. Dash, Sri B. Venkateswara Rao, RM, SBI, Sri V.C.K. Prasad, RM, Magistrate Sri Narendera Shankar Pandey and Chief Dev. Officer of Baghpat Sri J.P. Rastogi visited the stall on APG Bank, Kurnool. The Counselors greeted them and explained about the activities of the FLC. RBI Regional Director of Kerala, Sri Nirmal Chand visited our Kasaragod FLC on along with Sri Ramesh and appreciated the good work done by FLC in propagating financial literacy in the District. Smt. Surekha Mund, Banking Ombudsman, Karnataka visited the Stall put up by our Sakaleshpur FLC on Thenkil, CGM of NABARD and Sri Jyothis Jagannath, DDM of NABARD, who reviewed the functioning of the FLC and expressed their satisfaction over the activities of the centre. The Press Information Bureau, Government of India, Hyderabad arranged a Public Information Campaign under on the occasion of Outreach programme conducted by Canara Bank at Town Panchayat Office, Sakaleshpur. She was greeted by the Counselors of our Alur and Sakaleshpur FLCs, who explained about the activities of the FLCs. The Lead District Office, Syndicate Bank, Udupi in association with Jnana Jyothi FLC, Karkala and Jana Soochana Abhiyaan from 7 th to 9 th October 2015 at Yemmiganur Town. During the campaign, financial literacy sessions and quiz competitions were conducted by Kurnool FLC in association with officials of RBI, Hyderabad. At the end of the programme, the FLC was honoured with a Memento. Baghpat FLC put up a stall in the Krishi Mela at Baghpat which was attended by around 1,000 farmers. The District 08

11 Syndicate Bank, Kanajar Branch, arranged financial literacy programme in the Church Auditorium, Kanajar on The programme was attended by Sri Laxmipathi, Asst. General Manager of Reserve Bank of India, Bengaluru. 5. Field Level Financial Literacy Event FLARE-UP at Vijayapura: Reserve Bank of India, Financial Inclusion and Development Department, Bengaluru arranged a Field Level Financial Literacy Event FLARE-UP on March 11, 2016 at Sri Kandagal Hanamantharaya Rang Mandir, Vijayapura. The objective of the programme was to spread financial literacy, foster financial inclusion, create awareness on not falling prey to deposit acceptance by unauthorized entities, to highlight features of currency notes, procedure for exchange of cut notes, experience sharing by successful SHGs and entrepreneurs. A number of Stalls were put up by various Banks. Our Vijayapura and Indi FLCs have also put up a Stall during the programme and Sri N.T. Hegde, Secretary of the Trust attended the programme. There was a gathering of more than 500 people. 6. Republic Day Award to Jnana Jyothi FLC, Nellore: The Counselors of our Nellore FLC received Award from the District Collector Smt. M. Janaki IAS, on the 67 th Republic Day celebrations on for outstanding services in the field of spreading financial literacy. This is the 2nd consecutive award received from the District Collector for the best services rendered by our Nellore Centre. Monitoring of Financial Literacy Centres: The working of the FLCs is monitored by the Central Secretariat of the Trust by reviewing their Monthly Reports which covers key areas of performance, visits to Centres by the Managing Trustee, Secretary and Asst. Secretary and by keeping constant touch on Phone/Internet communications. Syndicate Bank has issued instructions to its Lead District Managers to oversee the functions of Financial Literacy Centres sponsored by them. The LDMs guide the Counselors suitably. Performance of the Centres is also reviewed in Block Level Bankers Committee/District Consultative Committee/State Level Bankers Committee Meetings and progress is recorded in the minutes of the meeting. One-day Review Meetings: To review the performance of Financial Literacy Centres and to equip the Counselors with the latest developments in banking, insurance and other social benefit schemes of Government, oneday Annual Review Meetings were conducted. (a) South Based FLCs: The Trust organized the Annual Review Meeting of South Based Financial Literacy Centres on at SIBM Manipal. Counselors of 44 FLCs from Karnataka, Kerala & Andhra Pradesh attended and made presentations of their performance during the period from September 2014 to August (a) North Based FLCs: The Annual Review meeting of FLCs in Uttar Pradesh and Haryana States, was held on at RUDSETI, Ghaziabad. 19 Counselors of 8 FLCs in U.P. and 2 FLCs in Haryana attended the meeting. Publicity Literature: The Trust has brought out simple literature on important financial products and services separately for students & adults and special pamphlets on loan schemes in vernacular languages Kannada, Malayalam, Telugu, Hindi & English. Besides, our FLCs are also using the Financial Literacy material brought out by Reserve Bank of India for conducting the financial literacy camps. Website of the Trust: To reach larger section of the people, Trust has its Website in English, Kannada and Hindi languages. The Website covers major financial products and services provided by Banks, viz., Deposits, Advances, Remittance facilities, Electronic channels of banking and micro insurance services. It also provides information regarding Financial Literacy, Protection of Customer Interest, Banking Practices and Code of Conduct, Banking Ombudsman Scheme, Bankers Fair Practice Code in India, MSME Charters, highlights of national/state level schemes etc. The Website is updated regularly with changes in schemes. The number of viewers of the Website is on the increase and 46,214 people have viewed the website in all the three languages as on Association with Training Programmes organized by Rural Development & Self Employment Training Institutes: Reserve Bank has indicated in its circular dated that while the FLCs would provide financial literacy and credit counseling, the activities of the Rural Development and Self Employment Training Institutes (RUDSETI), towards skill development/capacity building could be dovetailed with FLCs 09

12 initiatives. The Trust has liaised with Author Banks who have advised the Self Employment Training Institutes sponsored by them to associate our FLCs in their training programmes to provide financial literacy knowledge to the participants. During the year, our Financial Literacy Counselors have - (i) associated themselves for disseminating financial literacy to the trainees in the various programmes of (a) 15 SyndRSETIs sponsored by Syndicate Bank at Manipal, Kumta, Belagavi, Ballari, Meerut, Mathura, Amroha, Moradabad, G.B. Nagar, Baghpat, Kurnool, Kadapa, Faridabad, Nuh and Kavaratti; (b) 2 VIBSETIs sponsored by Vijaya Bank at Mandya and Haveri; and (c) 9 RUDSETIs sponsored jointly by Syndicate Bank, Canara Bank and Shri Dharmasthala Manjunatheshwara Educational Trust at Ujire, Brahmavar, Dharwad, Vijayapura, Ananthapuramu, Vetapalem, Ghaziabad, Gurgaon and Kannur. (ii) Conducted financial literacy sessions for newly elected Panchayat members at Taluk/ Zilla Panchayat Offices. (iii) Participated in the meetings of Business Correspondents convened by Banks. (iv) Associated in the Financial Literacy programmes organized by rural branches of Banks. Training: In order to enhance the knowledge for spreading financial literacy and popularise various social benefit schemes announced by the Ministry of Finance, Govt. of India, the Trust in association with Syndicate Institute of Bank Management, Manipal has conducted two-day training programme for Financial Literacy Counselors, on 25 th and 26 th September 2015 at SIBM Manipal. The training programme was inaugurated by Sri Vivek Deep, General Manager, FIDD, Reserve Bank of India, Bengaluru. The training programme was attended by 34 Counselors from Karnataka, Kerala, Andhra Pradesh, Haryana and Uttar Pradesh States. Deputation of Counselors for external training programmes: In order to enrich the knowledge and capacity building, the Counselors have undergone training conducted by external agencies, as detailed below: Sl. No & & & Date Venue Particulars 15 to & to to to Syndicate Bank STC, Bengaluru PNB Regional Staff College, Panchkula. Bank of Baroda Training Centre, Lucknow Bankers Institute of Rural Development, Lucknow Bank of Baroda Training Centre, Lucknow Syndicate Bank STC, Bengaluru Vijaya Bank STC, Bengaluru Bankers Institute of Rural Development, Mangaluru Hotel Fortune Murali Park, Vijayawada Bankers Institute of Rural Development, Mangaluru Bankers Institute of Rural Development, Mangaluru TTP on Capacity Building of Bank Mitras/ BCs/ BFs organized by SLBC Karnataka in association with IIB&F, Mumbai. TTP on Capacity Building of Bank Mitras/ BCs/ BFs organized by SLBC Haryana in association with IIB&F, Mumbai. TTP on Capacity Building of Bank Mitras/ BCs/ BFs organized by SLBC Uttar Pradesh in association with IIB&F, Mumbai. No. of Counselors participated Programme on Capacity Building for FLC Counselors 2 TTP on Capacity Building of Bank Mitras/ BCs/ BFs organized by SLBC Uttar Pradesh in association with IIB&F, Mumbai. Training programme on IBA-CYFI School Bank Camps Project Training programme for Counselors of FLCs sponsored by Vijaya Bank in Karnataka, on School Bank Champs Project. Programme on Financial Inclusion sponsored by NABARD. 4 Workshop by RBI Hyderabad for FLCs and Directors of RSETIs of Andhra Pradesh to review their functioning and 10 to discuss related issues. Capacity Building programme for FLC Counselors by 5 NABARD. Train the Trainers Programme for Financial Literacy Counselors Bankers Institute of Rural Development, Mangaluru Faculty Development Programme for Financial Literacy Counselors and Directors of RSETIs. 5 10

13 Manpower Each Centre has been provided with two Counselors, preferably retired Bank officers. The Counselors are appointed on annual contract basis, spelling out clearly their duties & responsibilities and out-door duties of minimum 10 days per month for each counselor. Wherever the Trust has not been able to get suitable retired officers, particularly in Taluk/ Block level centres, young graduates with computer proficiency were appointed. The Trust has engaged the services of 155 Financial Literacy Counselors on contract basis (89 retired Officers and 66 fresh graduates) at various Centres. As on 31st March 2016, the total number of manpower on service contract is 164, which includes 7 staff at Central Secretariat and 4 Part-Time Helpers at 4 FLCs managing FIRCs. Funding of the Trust The Trust and its activities are being funded by author Banks and the Banks who have given institutional sponsorship. While the capital and revenue expenditure of individual FLCs have been borne by the respective sponsor Banks, the expenses of Central Secretariat is shared on prorata basis in the ratio of number of FLCs at the end of previous financial year. Annual Accounts of the Trust The Trust has incurred Capital Expenditure of `11.10 lakh and Revenue Expenditure of ` lakh during the year under report. The Audited Balance Sheet, Income & Expenditure Account and Receipts & Payments Account for the year ended are appended. Meetings of Board of Trustees The Trust has conducted 5 meetings of Board of Trustees on , , , and as required by Schedule I of the Trust Deed, at its Central Secretariat at Syndicate Bank Head Office Building, Manipal. ACKNOWLEDGEMENT We place on record our deep appreciation and gratitude to the Managing Director & CEOs, Executive Directors of Syndicate Bank & Vijaya Bank, the author Banks, for their whole-hearted support. We thank the Managing Director & CEO of Karnataka Bank Ltd. and Chairman of Andhra Pragathi Grameena Bank, the institutional sponsor Banks, for their support and co-operation. We acknowledge assistance rendered by the General Managers, Regional Managers and Lead District Chief Managers of respective Banks. We also acknowledge the co-operation extended by the authorities of District Administrations, Schools, Colleges, Industrial Training Institutes, Directors of Rural Self Employment Training Institutes and other organizations for facilitating us to hold Financial Literacy sessions. We also place on record our appreciation to all officials of the Trust for their active participation and services. For and on behalf of Board of Trustees, Date: ( I.N. Raghavendra Bhat ) Managing Trustee Exit of Vijaya Bank from Jnana Jyothi FLCC Trust Vijaya Bank, one of the author Banks, has established a separate Trust, i.e. Vijaya Financial Literacy Trust with its headquarters at Vijaya Bank H.O. Building, M.G. Road, Bengaluru. The Vijaya Financial Literacy Trust has taken over the 14 Financial Literacy Centres Mandya, Haveri, Dharwad, Maddur, Nagamangala, Siddapur, Yelahanka, K.R. Nagar, Sorab, K.R. Puram, Channagiri & Malur in Karnataka State and Peravoor & Kondotty in Kerala State, sponsored by Vijaya Bank and hitherto managed by Jnana Jyothi FLCC Trust, with effect from 1st April,

14 Amount (`) FUNDS Corpus Fund Funds & Liabilities Capital Fund Less: Excess of Expenditure over income RESERVES & SURPLUS Depreciation Reserve ADVANCES Advance from Author Banks & Sponsor Banks PROVISIONS E P F Payable Audit Fees Salary Payable Computer Consumables & Repair BALANCE SHEET AS ON Amount (`) Amount (`) FIXED ASSETS CURRENT ASSETS Sundry Deposits Tax Deducted at Source Assets CASH IN HAND & BANK BALANCES In Vijaya Bank SB 674 In Syndicate Bank SB 8280 In Syndicate Bank SB Fixed Deposits with Syndicate Bank Cash-in-Hand Amount (`) TOTAL TOTAL For JNANA JYOTHI FINANCIAL LITERACY AND CREDIT COUNSELLING TRUST (REGD) As per our Report For M/s I V Sharma & Co Sd/x Sd/x Sd/x Sd/x Sd/x Place: Manipal (N.T. Hegde) (I.N. Raghavendra Bhat) (H. Suresh Prabhu) (Dr. Ramachandra Kamath) ( I.V. Sharma ) Date: Secretary Managing Trustee Trustee Trustee Chartered Accountant M.No INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED Amount (`) EXPENDITURE Amount (`) Amount (`) INCOME Amount (`) To Advertisement By Sponsorship Receipts To Audit Fees By Interest Received For the current year 4580 By Interest on IT refund Arrears for By Excess of Expenditure over Income To Bank Charges To Computer consumable and repair To Electricit y Charges To E P F Paid Less: EPF Collected To E P F Interest & Penal Damages To Fire Insurance Premium To Inaugural Expenses To Meeting Expenses To Miscellaneous Expenses To Office Expenses To Postage and Courier To Printing and Stationery To Profession Tax Registration Fees To Professional Charges To Publicity & Promotion Expenses To Publicity Van Expenses To Rent To Salary To Sitting Fees To Telephone Charges To Travelling Expenses and Conveyance To Depreciation TOTAL TOTAL As per our Report For JNANA JYOTHI FINANCIAL LITERACY AND CREDIT COUNSELLING TRUST (REGD) For M/s I V Sharma & Co Sd/x Sd/x Sd/x Sd/x Sd/x Place: Manipal (N.T. Hegde) (I.N. Raghavendra Bhat) (H. Suresh Prabhu) (Dr. Ramachandra Kamath) ( I.V. Sharma ) Date: Secretary Managing Trustee Trustee Trustee Chartered Accountant M.No

15 Amount (`) RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED RECEIPTS To Opening Cash-in-Hand To Syndicate Bank SB 8280 To Vijaya Bank SB 674 To Syndicate Bank SB To Funds from Author / Sponsor Banks To Synd Suvidha Account To Computer To EPF Collected To Interest on IT refund To Interest Received To Rent Advance To Tax Deducted at Source To Vijaya Bank VSU Account Amount (`) Amount (`) PAYMENTS By Advertisement By Audit Fees Payable Paid By Audit Fees By Funds from Sarva Haryana Gramin Bank By Bank Charges By Computer Purchase By Computer consumable and Repair By Corpus Fund By Electrical Fittings By Electricity Charges By EPF Paid By EPF Payable Paid By EPF Interest & Penal Damages By Fire Insurance Premium By Furniture and Fittings By Inaugural Expenses By Meeting Expenses By Miscellaneous Expenses By Mobile Phone By Office Expenses By Postage and Courier By Printing and Stationery By Profession Tax Registration Fees By Professional Charges By Publicity & Promotion Expenses By Publicity Van Expenses By Rent By Rent Advance By Salary By Salary Payable Paid By Sitting Fees By Telephone Charges By Telephone Deposit By Travelling Expenses and Conveyance By Cash-in-Hand By Synd Suvidha Account By Vijaya Bank VSU Account By Vijaya Bank SB 674 By Syndicate Bank SB By Syndicate Bank SB 8280 Amount (`) TOTAL TOTAL For JNANA JYOTHI FINANCIAL LITERACY AND CREDIT COUNSELLING TRUST (REGD) Sd/x Sd/x Sd/x Sd/x Place: Manipal ( N.T. Hegde) ( I.N. Raghavendra Bhat ) ( H. Suresh Prabhu ) ( Dr. Ramachandra Kamath ) Date: Secretary Managing Trustee Trustee Trustee AUDITOR S REPORT We have audited the attached Balance Sheet of JNANA JYOTHI FINANCIAL LITERACY AND CREDIT COUNSELLING TRUST, MANIPAL as at 31st March 2016 and also the annexed Income and Expenditure Account for the year ended on that date and report that: a) We have obtained all the information and explanations, which to the best of our knowledge and belief were necessary for the purpose of audit. b) The Balance Sheet and the Income and Expenditure Account dealt with by this Report are in agreement with the Books of Account. c) In our opinion and to the best of our information and according to the explanations given to us, the said accounts give a true and fair view: i. In the case of Balance Sheet, of the State of Affairs of the Trust as at 31st March 2016 and ii. In the case of Income and Expenditure Account, of the EXCESS OF EXPENDITURE OVER INCOME for the year ended on that date. Date: 3rd May, For M/s. I.V. Sharma & Co., Chartered Accountants, Mangaluru F.R.N S Sd/x (CA I.V. Sharma) M.No

16 UDUPI I Floor, Mukund Nivas, K.M. Marg, Udupi jjflc.udupi@gmail.com TeleFax: JNANA JYOTHI FINANCIAL LITERACY CENTRES KARNATAKA STATE MANGALURU Syndicate Bank Bldg, Light House Hill Road, Hampankatta, Mangaluru jjflc.mangaluru@gmail.com TeleFax: KUMTA 1st Floor, Regional Office, KVG Bank, Baggaon Cross, Kumta jjflc.kumta@gmail.com TeleFax: BELAGAVI S.G.S.Y. Commercial Complex APMC Road, Nehru Nagar, Belagavi jjflc.belagavi@gmail.com Tel: BAGALKOT Karnataka Farmers Resource Centre, BVV Sangha s Spinning Mill Complex, Gaddanakeri Road, Bagalkot jjflc.bagalkot@gmail.com Tel: VIJAYAPURA Khanapur Complex, HUDCO Bus-stand, Jalnagara, Vijayapura jjflc.vijayapura@gmail.com Tel: BALLARI Zilla Panchayat Office, Fort, Ballari jjfic.ballari@gmail.com TeleFax: BANTWAL Sri Ganesh Prasada, B.C.Road, Bantwal jjflc.bantwal@gmail.com TeleFax: KARKALA Opp: Taluk Panchayat Complex, Karkala jjflc.karkala@gmail.com Tel: SIRSI 1st Floor, Mahalasa Complex, Veerasavarkar Marg (Court Road), Sirsi District: Uttara Kannada, jjflc.sirsi@gmail.com Tel: KUNDAPUR Taluk Panchayat Building, 1 st floor, Shastri Circle, Kundapur District: Udupi jjflc.kundapura@gmail.com Tel: KUNDGOL Pattanapanchayat Employees Assn. Bldg, Kundgol District: Dharwad jjflc.kundagol@gmail.com Tel: BELTHANGADY Shop No.1, SGSY Commercial Complex, Taluk Panchayat, Court Road, Belthangady , Dakshina Kannada jjflc.belthangady@gmail.com Tel: BHATKAL Taluk Panchayat Office, Main Road, Bhatkal District: Uttara Kannada jjflc.bhatkal@gmail.com Tel: KARWAR 1st Floor, Samarthya Soudha, Taluk Office Compound, Karwar District: Uttara Kannada jjflc.karwar@gmail.com Tel: RAMDURG Taluk Panchayat Building Ramdurg , District: Belagavi jjflc.ramdurg@gmail.com Tel: SULLIA Taluk Panchayat Building, Ground Floor, Sullia District: Dakshina Kannada jjflc.sullia@gmail.com Tel: PUTTUR Kabaka Grama Panchayat Bldg, Kabaka, Puttur District: Dakshina Kannada jjflc.puttur@gmail.com Tel: KOLLEGAL Nagappa Building, I Floor, Opp. Tahasildar s Office, Kollegal M.M.Hills Rd, Kollegal District: Chamarajnagar jjflc.kollegal@gmail.com Tel: ATHANI Near Taluk Panchayat Guest House MLA s Office Building, Athani-Miraj Road, Athani District: Belagavi jjflc.athani@gmail.com Tel: BYADGI Stall No.3, Taluk Panchayat Commercial Stalls Complex, Kakol Road Byadgi , District: Haveri jjflc.byadgi@gmail.com Tel: HANAGAL B V Kalal & Sons Building T.G. Road, Near JMFC Court Hanagal , District: Haveri jjflc.hanagal@gmail.com Tel: INDI I Fllor, Gajanan Nivas, Sindgi Road, Indi District: Vijayapura jjflc.indi@gmail.com Tel: TIPTUR Taluk Panchayat Building Railway Station Road Tiptur , District: Tumkur jjflc.tiptur@gmail.com Tel: ANEKAL Ground Floor, Samarthya Soudha, Taluk Panchayat Office Building, Anekal , District: Bengaluru Town jjflc.anekal@gmail.com Tel: MUNDARGI I Floor, TMC No.616/1, Ward No.I, Opp: Kote School, Gadag Road Mundargi , District: Gadag jjflc.mundargi@gmail.com Tel: KUSTAGI Rajiv Gandhi Seva Kendra Bldg, Taluk Panchayat Compound, Kustagi , District: Koppal jjflc.kustagi@gmail.com Tel: SHIKARIPURA Room No.5, II Floor, Taluk Administrative Bldg., Taluk Office Road, Shikaripura , Shivamogga Dist. jjflc.shikaripura@gmail.com Tel: ALUR Sri Veerabhadreshwara Swamy Nilaya, Hale Santhe Beedhi, Near Old Court Circle, B.M. Road, Alur , Hassan District, jjflc.alur@gmail.com Tel: ARSIKERE I Floor, Samarthya Soudha Taluk Panchayat Compound, B.H. Road, Arsikere , Hassan District jjflc.arsikere@gmail.com Tel: SAKALESHPUR Ground Floor, Meeting Hall Bldg, Taluk Panchayat Compound, Sakaleshpur ,Hassan District jjflc.sakaleshpura@gmail.com Tel: SRINGERI First Floor, Pandith Complex, Keredande Circle, Near Bus Stand, Sringeri Chikmagalur District jjflc.sringeri@gmail.com Tel: RAIBAG I Floor, Taluk Panchayat Bldg, Main Road, Raibag , Belagavi District jjflc.raibag@gmail.com Tel: JAMAKHANDI I Floor, Nadaf Building, Tipu Sultan Circle, Kunchanur Road, Jamakhandi , Bagalkot District jjflc.jamakhandi@gmail.com Tel: HOLALKERE II Floor, Sri Krishna Nilaya, J.C. Extension, Holalkere , Chitradurga District jjflc.holalkere@gmail.com Tel: MANDYA Old Nehru Yuva Kendra Building, Behind DC Office, Mandya jnanajyothi.mandya@gmail.com Tel: HAVERI Ground Floor, Kruti Complex, Opp: LIC Office, P.B.Road, Haveri jjflc.haveri@gmail.com Tel: DHARWAD Hunsemarad Complex, Gandhinagar, Dharwad jnanjyothidwd2011@gmail.com TeleFax: MADDUR Old Meeting Hall, Taluk Panchayat Bldg, Maddur , District: Mandya jjflc.maddur@gmail.com Tel: NAGAMANGALA Taluk Panchayat Building, Nagamangala District: Mandya, jnanajyothi.nmangala@gmail.com Tel: SIDDAPUR Taluk Panchayat Building, Siddapur District: Uttara Kannada jnanajyothisiddapur@gmail.com Tel: YELAHANKA Taluk Panchayat Office Building (NES) Doddaballapur Road, Yelahanka New Town, Bengaluru jnanjyothiyelahanka@gmail.com Tel: K R NAGAR Taluk Panchayat Office Compound, Mysuru-Hassan Road, K.R. Nagar , District: Mysuru jnanajyothikrn@gmail.com Tel: SORAB Site No. 45, KSGEA Building, Sorab Ulavi Road, Near Post Office, Sorab jjflc.sorab@gmail.com Tel: K R PURAM Lakshmi Complex, Old Madras Road, K.R. Puram, Bengaluru jnanjyothikrpuram@gmail.com Tel: CHANNAGIRI I Floor, Samarthya Soudha Taluk Panchayat Compound Channagiri , District: Davanagere jjflc.channagiri@gmail.com Tel: MALUR Taluk Panchayat Old Building Malur , District: Kolar jnanajyothimalur@gmail.com Tel:

17 ANDHRA PRADESH STATE ANANTHAPURAMU No. 13/117 DCMS Road, Kamalanagar, Ananthapuramu Tel: KURNOOL Zilla Praja Parishad Complex, Park Road, Kurnool TeleFax: KADAPA Syndicate Bank Bldg, II Floor, Seven Roads, Kadapa TeleFax: ONGOLE Collectorate Office, Prakasam Bhavan, Ongole TeleFax: NELLORE Dr Ambedkar Welfare Bhavan, 1st Floor, District SC Corporation Wing, Subedarpet, Nellore Tel: VELLATURU Vellaturu Village & Post Pendlimarri Mandal, District: YSR (Kadapa) Tel: KALYANADURGAM Door No.7/237/3, Valmiki Circle, Kalyanadurgam District: Ananthapuramu Tel: ADONI Mandal Praja Parishad Complex Adoni , District: Kurnool Tel: KANDUKUR D.No , I Floor,Daram Sree Ramulu Complex, Govt. Hospital Road, Kandukur , Prakasam District jjflc.kandukur@gmail.com Tel: NAIDUPETA Andhra Pragathi Grameena Bank Bldg Naidupeta , Nellore District jjflc.naidupet@gmail.com Tel.No KERALA STATE KANNUR Surag Bldg, 1st Floor, Podikundu, Post Pallikunnu, Kannur , jjflc.kannur@gmail.com TeleFax: KASARAGOD Arun Complex, Old NH-17, Anangoor, Kasaragod jjflc.kasaragod@gmail.com TeleFax: UZHAVOOR Uzhavoor Block Office Bldg, Kozha P O, Kuravilangad , District: Kottayam jjflc.uzhavoor@gmail.com Tel: VAZHAKULAM Vazhakulam Block Panchayat Building, South Vazhakulam District: Ernakulam jjflc.vazhakulam@gmail.com Tel: KODAKARA SGSY Building, Kodakara Block Panchayat Compound Pudukad , District: Thrissur jjflc.kodakkara@gmail.com Tel: PERUMKADAVILA Block Panchayat Building Perumkadavila District: Thiruvanathapuram jjflc.perumkadavila@gmail.com Tel: PERAVOOR Bldg.No.KP 25F, Vyapara Bhavan, KVVES Building, Nedupuramchal, PO Poolakutty , District: Kannur jjflccperavoor@gmail.com Tel: KONDOTTY City Tower, Near Police Station, Chungam, PO Kondotty District: Malappuram jjflc.kondotty@gmail.com Tel: UTTAR PRADESH STATE MATHURA I Floor, Room No.F-3, Rajiv Bhavan, Civil Lines, Mathura jjflc.mathura@gmail.com Tel: MEERUT 269, Opp Suraj Kund, Baba Manoharnath Mandir, Meerut jjflc.meerut@gmail.com Tel: MORADABAD Near Mandi Samiti Gate, Line Par, Majhola, P.O. Power House Majhola Moradabad jjflc.moradabad@gmail.com Tel: AMROHA Opp: Amroha Green Colony, Joya Road, Amroha District: Amroha jjflc.amroha@gmail.com Tel: GHAZIABAD RDC 9, Rajnagar, Near Court Gate, Ghaziabad , jjflc.ghaziabad@gmail.com Tel : G B NAGAR Shop No: 119, Dadri Road, Near Police Chowky, Surajpur, Greater Noida , District: GB Nagar jjflc.gbnagar@gmail.com Tel: BAGHPAT DRDA Building, Collectorate, Baghpat jjflc.baghpat@gmail.com Tel: HAPUR Sarvodaya Colony, Assoda Road, Near Police Station, Hapur jjflc.hapur@gmail.com Tel: FARIDABAD SyndRSETI Bldg, H.No. 911, Sector 15A, Faridabad jjflc.faridabad@gmail.com Tel: MEWAT (NUH) SyndRSETI Building, No: 109, Anaj Mandi, Nuh , District: Mewat jjflc.mewat@gmail.com Tel: HARYANA STATE FARRUKHNAGAR Shop No.1, Ward No.10 Farrukhnagar Municipality Farrukhnagar , Gurgaon District jjflc.farrukhnagar@gmail.com Tel: RADAUR Door No.1300, Ward No.14, Near Syndicate Bank, Anaj Mandi Road, Radaur , District: Yamunanagar jjflc.radaur@gmail.com Tel: PRITHLA Opp: Syndicate Bank, Chhaprola Road Prithla Village & Post Palwal District jjflc.prithla@gmail.com Tel: U.T. OF LAKSHADWEEP KAVARATTI C/o LDM s Office of Syndicate Bank Kavaratti lbolakshadweep@gmail.com Tele:

18 Activities of our Financial Literacy Centres ANDHRA PRADESH Kurnool FLC: FL session at Govt. ITI College, Srisailam on Kadapa FLC: FL session for trainees at Synd RSETI, Kadapa on Ongole FLC: FL session for participants of BC/BF Course at RUDSETI, Vetapalem on Vellatur FLC: FL camp jointly with K G Penta Branch of APG Bank on Kalyanadurgam FLC: FL camp at Bachehalli Village for SHG Farmer members on HARYANA Kandukur FLC: FL session in the Pensioners Meet arranged by SBI on Mewat (Nuh) FLC: FL camp for villagers on at Kurthla Radaur FLC: FL programme on Insurance products at Khajuri village on KARNATAKA Faridabad FLC: FL camp with SOS NGO (Women Empowerment) at Dhiraj Nagar Slum, Faridabad on Mangaluru FLC: Programme under IBA-CYFI at the school adopted by Syndicate Bank, Hampankatta, Mangaluru on Mundargi FLC: Awareness Camp on PMJDY at Mevundi on Sullia FLC: FL Programme for villagers at Kodialbailu on Bagalkot FLC: FL camp at Adarsh Colony, Navnagar on Tiptur FLC: Conducted FL Quiz for students during their Annual Day celebration on and distributed prizes for winners Anekal FLC: FL programme on Social Benefit Schemes at Anekal on Bhatkal FLC: Inauguration of Stall put up at Krishi Mela, Bhatkal, by Sri Mankala S Vaidya, MLA and Sri J D Naik, Ex MLA on Kustagi FLC: FL camp on PM s Social Security Schemes in Revanki Village on

19 Activities of our Financial Literacy Centres KARNATAKA Nagamangala FLC: F L for physically challenged persons on Ramdurg FLC: FL programme on Social Benefit Schemes to LIC Employees on Maddur FLC: FLP on Social Benefit Schemes to newly elected GP members on Ballari FLC : FL session in the e -Payment Literacy presentation & workshop in Sept 2015 Indi FLC: FL session for students of MES ITI, Chadchan on KERALA Arsikere FLC: F L programme for students of Govt. ITI, Arsikere on Kodakara FLC: FL camp in association with Syndicate Bank, Mattathur in tribal colony on Perumkadavila FLC: Special Outreach programme at Venganur Uchakkada on Uzhavoor FLC: FL Programme at Block Panchayat Auditorium on Kannur FLC: FL session at Tribal Welfare Office on UTTAR PRADESH Kasaragod FLC: F L camp at Bambrana on Ghaziabad FLC: FL session at NCC Camp on Baghpat FLC: FL Camp under Saansad Adarsh Gram Yojana at Paldi Village on Meerut FLC: FL session in SMSA Girls Inter College on Amroha FLC: FL Camp at Ramnagar Village on Hapur FLC: FL session at ITI, Simbholi on Mathura FLC: PMJDY Enrolment Mega Camp on arranged by LDO, Syndicate Bank, Mathura

20 Education should be so revolutionized as to answer the wants of the poorest villager, instead of answering those of an imperial exploiter. - Mahatma Gandhi