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Monday, July 18, 2022

E magazine competition success review

E magazine competition success review

E magazine competition success review Published this article page no  73 Easy to understand financial literacy modules with specific target audience orientation in the forms of AudioVideo booklets shall be made available for understanding the product and processes involved  Coordinated efforts should be made by RBI Panchayats Self Help Groups Farmers Clubs etc. to promote financial literacy at grassroots levels Customer Protection and Grievance Redressal  Customers shall be made aware of the recourses available for resolution of their grievances.  About storing and sharing of customers biometric and demographic data adequate safeguards need to be ensured to protect the customers Right to Privacy.  Internal audits should be done to assess the qualitative efficacy of the customer grievance redressal mechanism already in place in the banking system viz. Internal Ombudsman Scheme. Effective Coordination  There needs to be a focused and continuous coordination between the key stakeholders viz. Government the Regulators financial service providers Telecom Service Regulators Skills Training institutes etc. to make sure that the customers are able to use the services in a sustained manner.  Coordination should be promoted through emerging technology.  Adopting a decentralized approach to planning and development should be done by creating separate smaller forums to help accelerate local level financial inclusion. The NSFI also recommends periodic evaluation of financial inclusion policies through monitoring Measurement of Progress of Financial Inclusion E magazine competition success review  buy.


E magazine competition success review

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