RBI director says awareness of schemes, timely enrollment, and vigilance against digital fraud are as vital
BOLANGIR, Odisha, Sep 5 (The CONNECT)- Bank of Baroda organized Mega Camps in Patnagarh and Madhiapali Gram Panchayats in Bolangir district, Odisha today under the Saturation Campaign of the Department of Financial Services (DFS) of the Union Finance Ministry.
The campaign, running from July 1 to September 30, 2025, aims to ensure 100% coverage of financial inclusion and social security schemes at the Gram Panchayat (GP) and Urban Local Bodies (ULB) level across the country. The event across both the locations saw enthusiastic engagement from more than 600 villagers, highlighting the growing need for financial literacy and accessible banking services in rural areas.
In his keynote address, Dr. Sarada Prasan Mohanty, Regional Director, Reserve Bank of India emphasized the importance of financial inclusion and ensuring accessible banking services to every citizen, and said,”Awareness of schemes, timely enrollment, and vigilance against digital fraud are as vital as opening accounts. These initiatives can transform rural households into financially secure families.
Dr. Debadatta Chand, MD & CEO, Bank of Baroda, said, “Financial inclusion ensures equitable development and empowers every section of society. Initiatives like these camps play a crucial role in ensuring that banking services, insurance, and social security schemes reach every eligible individual and household.
