As one drives down Rajaji Salai, it is hard to miss the towering, light brown rectangular structure that stands out in the facade of an otherwise long, white building. The Reserve Bank of India’s regional headquarters in Chennai has the key to many questions young students have – ranging from how the banking system in the country works, to how currency notes can be verified for authenticity.
For the upcoming Financial Literacy Week to be observed by the Reserve Bank of India, students will not just be given a chance to delve deeper into all of this, but will also get to visit the stately RBI building in Chennai. Every year, through the literacy week, the RBI zeroes in on a specific theme, and works on financial education and promotes awareness across the country through a focussed campaign for the same.
This year, from February 26 to March 1, the Financial Literacy Week will focus on children and young adults and will cover three important topics — the power of compounding, basics of baking, and cyber hygiene.
