STATE TIMES NEWS SRINAGAR: Imparting financial literacy among youth, J&K Bank conducted a financial awareness camp at Government Medical College (GMC) Rajouri, acquainting the faculty members and students of the medical college with the latest banking products and services. Assistant Director District Employment Office (DEO) Anil Kumar, Financial Literacy and Credit Counselling (FLCC) Coordinator Chaman Lal Sharma educated the audience about the importance of basic financial literacy in presence of Principal GMC Dr Kuldeep Singh, staff members of GMC and other officers of the bank. Stressing on the need to acquire financial knowledge at a young age, the Assistant Director DEO said, “Financial literacy is a key life-skill and is an important element of financial stability and economic development.” He also talked about the advantages of being connected with a formal financial sector and highlighted the importance of the pursuing professional courses for self-employability. During the awareness camp, a special focus was on the education loan scheme of the bank that offers financial assistance to students desirous of pursuing education at home or abroad. The scheme is loaded with attractive features including low interest rate and moratorium period etc.
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