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Awareness on digital banking held

ITANAGAR, 26 NOV 

 

The department of Commerce Friday organised a daylong workshop on e-BAAT (Electronic Banking Awareness and Training) at DeraNatung Government College here to create awareness about electronic banking mechanisms. The workshop was organised in collaboration with Canara Bank, Itanagar branch, at the initiative of the Reserve Bank of India.

 

More than a hundred students participated in the workshop.

 

Resource person Kishan Kumar, manager of RBI Guwahati office, informed the participants that RBI has been conducting structured awareness and banking programmes on digital banking for law enforcement agencies, self-help groups, paramilitary forces and entrepreneurs nationwide. However, for the very first time, RBI has conducted an e-BAAT workshop for college students.

 

The workshop was divided into three segments- overview of the digital transactions, modus operandi of fraud and complaint redressal mechanism.

 

The participants were espoused on various topics relevant to today’s digital banking system and the upcoming initiatives of RBI like USSD, which will enable secured and safe banking transactions even in remote areas where internet facilities are absent.

 

Sunil Kumar, chief manager, Canara Bank, Itanagar branch, enlightened the participants that Canara Bank is the pioneer bank that introduced Credit Card System for the first time in the country and to facilitate digital economy the bank has developed its own Candi mobile banking app with unique user- friendly features.

 

DNGC principal, Dr M Q Khan, emphasised the relevance and significance of e-banking, especially in pandemic times.

 

Dr A K Pandey, HoD, Commerce Department highlighted that such workshops are really important for the students, as they are forerunners of the digital economy.

Independent Reviewhttp://www.independentreview.in
The Independent Review is an English-language newspaper based in Itanagar, Arunachal Pradesh, India.

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