RBI Hosts Financial Awareness Drive at Auckland House

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Auckland House School for Girls, Shimla, hosted an insightful financial literacy programme conducted by the Reserve Bank of India’s Financial Wizard Club. The initiative aimed to equip students with practical financial knowledge, enabling them to make informed decisions from a young age.

The session covered a wide range of topics essential for everyday financial awareness, including the difference between needs and wants, saving versus investing, the power of compound interest, inflation, insurance, pension planning, and how to safeguard against digital fraud.

A skit titled “Compound Interest Saves the Day” creatively emphasized the benefits of early saving habits. Another performance tackled the increasing risks of online gaming fraud, highlighting the need for digital vigilance. To reinforce key concepts, students participated in a quiz that tested their understanding of financial fundamentals such as safety, growth, liquidity, diversification, and types of bank accounts—even those tailored for minors.

The programme also introduced students to career opportunities within the Reserve Bank of India, offering insights into its recruitment examinations and core functions.

The RBI delegation was led by Pitambar Agrawal (Deputy General Manager & Head of Department), along with Ashish Sharma (Assistant General Manager), Rahul Joshi (Manager), Bikram Bangarh (Assistant Manager), and Meenakshi Badra (Assistant).

School Principal  Samarki Samanthroy expressed heartfelt gratitude to the RBI team and encouraged students to apply their new financial knowledge in real life while also promoting awareness within their families and communities

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