GBS INSIGHTS - Global Business School
GBS INSIGHTS - Global Business School
GBS INSIGHTS - Global Business School
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FINANCIAL LITERACY PROGRAMME<br />
ORGANIZED BY INDIAN OVERSEAS BANK AT <strong>GBS</strong> HUBLI WITH KNOWLEDGE PARTNERS M/S NITTE<br />
EDUCATIONAL TRUST ON 31/5/2012<br />
<strong>Global</strong> <strong>Business</strong> <strong>School</strong>, Hubli (<strong>GBS</strong>) situated at Bhairidevarkoppa Hubli conducted Financial Literacy<br />
programme organized by Indian Overseas Bank with knowledge partners M/S NITTE Educational Trust<br />
on 31/5/2012 at its premises.<br />
Dr. N. K. Thingalaya - Bank Economist, Mangalore, Dr.<br />
M. S. Moodithaya - Director <strong>Global</strong> Initiatives, NITTE<br />
University, Mr. Vinod Dixit, Project Co-ordinator, NITTE<br />
University were the on the dias along with, Chief<br />
Manager- Mr. Shankar Murthy, Senior Manager- Mr.<br />
Sundaresha Rao and Sr. Regional Manager Mr. B N<br />
Manjunatha represented the Indian Overseas Bank and<br />
highlighted the banking service rendered by their bank.<br />
The proposal to organize the FLPs in 25 centers across<br />
the southern states as a part of the Platinum Jubilee<br />
celebrations of IOB is a product of IOB’s visionary zeal<br />
of offering a unique program in financial<br />
inclusion and over a decade’s research<br />
experience of NITTE University’s researchers<br />
in the field, <strong>GBS</strong> was one among the 25 centers<br />
across southern states.<br />
Dr. M. S. Moodithaya, Director <strong>Global</strong><br />
Initiatives, NITTE University spoke about the<br />
financial Inclusions and financial literacy<br />
showing a comparative picture of various<br />
neighboring countries like Bangladesh, Burma,<br />
Sri Lanka, Pakistan, Vietnam, with India.<br />
Further a similar comparative picture with<br />
least developed countries like African countries was also presented. The comparison with the developed<br />
countries was given explaining the reasons for instance less than 10% financial non inclusion represented<br />
that US was un willingness on the part of the people not to have bank accounts.<br />
With this comparison the message was given that financial inclusion and literacy is not restricted in the<br />
India context but it’s a global issue and the various efforts made in this direction to bring in more people in<br />
the financial inclusion arena.<br />
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