CBSE: Open bank account for students
DECCAN CHRONICLE
Published Oct 25, 2015, 11:40 am IST
Updated Jan 10, 2016, 8:38 am IST
And issue debit cards to these students
Representational image
Chennai: To
enhance financial capabilities of class 9 and 10 students in CBSE
schools, the Board has asked schools to open individual bank accounts
and issue debit cards to these students.
In
a circular to principals of CBSE schools, M.V.V.Prasada Rao, director
(vocational & Edusat), CBSE, said the board has taken a step forward
to enhance financial capabilities of class 9 and 10 students and make
them financially literate to maintain finances effectively in their
day-to-day lives.
CBSE has taken forward the
school bank champs project voluntarily started jointly by the Indian
Banks’ Association with Child and Youth Finance International.
Rao
also said under the project, all schools are required to choose a
nearby bank for day-to-day interaction in enhancing financial knowledge
of students apart from opening of individual bank accounts and issue of
debit cards for these students.
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