Need for financial awareness in small towns and villages, experts told what should be improved

In the summit, Chief Economist at CareEdge, Rajni Sinha said that people in small towns and rural areas have bank accounts, but there is no awareness about other financial products. Awareness about this has to be increased.

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The country’s first Financial Freedom Summit is being organized by TV9 Group’s personal finance news platform Money9. This summit of Money 9 will make every citizen of the country aware about earning, spending, saving and investing and will open the way for strategies to secure India’s economic future. In the summit, Chief Economist at CareEdge, Rajni Sinha said that people in small towns and rural areas have bank accounts, but there is no awareness about other financial products. Awareness about this has to be increased. At the same time, Atul Joshi, MD and CEO of Oyster Capital, said that apart from mutual funds and insurance, there is a lack of information among people about other products.