 "RBI")
The Reserve Bank of India (RBI) on Thursday came out with a '5-Core Actions' approach for promoting financial education, which among other things include development of relevant content for school children and adults, community participation and collaboration among various stakeholders.
The 'National Strategy for Financial Education 2020-2025' (NSFE), released by the RBI, has suggested a multi-stakeholder-led approach for creating a financially aware and empowered India.
The five Cs, outlined by the strategy paper, are: Content, Capacity, Community, Communication and Collaboration.
Strengthening financial inclusion in the country has been one of the important developmental agendas of both the Government of India
