Financial Counselor in action-FLC Sultan Bathery
FINANCIAL LITERACY TO MORE THAN A MILLION IN 2014 - 2015
Releasing of Annual Report 2013-14
CANARA FINANCIAL ADVISORY TRUST #29, K R ROAD, DWARAKANATH BHAVAN, III FLOOR, BASAVANAGUDI CANARA FINANCIAL ADVISORY TRUST BENGALURU - 560 004. Email: [email protected] (Promoted by Canara Bank) Telephone Office: 080 26622858. Managing Trustee: 080-26622926 #29, K R ROAD, DWARAKANATH BHAVAN, III FLOOR, BASAVANAGUDI, BENGALURU - 560 004 Email: [email protected] Telephone Office: 080 26622858 Managing Trustee: 080-26622926 FAREWELL TO SHRI. L NARAYANA REDDY, TRUSTEE
LITERACY THROUGH YAKSHAGANA, FLC, N.R. PURA Canara Financial Advisory Trust Index
1. Message from Executive Director – Canara Bank 3
2. Message from Chief General Manager, PC & F I Wing HO Canara Bank 4
3. Composition of Trustees 5
4. Highlights 6
5. Managing Trustee’s Report 8
6. Capacity Building of Counselors 12
7. Yakshagana Programme on Financial Literacy 12
8. Visit to Centers by Managing Trustee 13
9. Web Package 13
10. Audit of the Trust 13
11. Impact study by M/s Agrinsights Consultancy Services Pvt Ltd. 14
12. Board of Trustee Meetings 15
13. Activities undertaken by Facilitator of the Trust 15
14. Performance Highlights of Centers 17
15. Progress Report for the year 2014-2015 22
16. Network of FLCs with addresses 27
17. Audited Balance Sheet as at March 2015 36
18. Income & Expenditure as at March 2015 38
19. Receipts and Payments as at March 2015 40
20. Photo gallery 42
21. Acknowledgement 47
1 Annual Report 2014-15
Inaguration of a Water Plant by Sri. P. S. Rawat, Executive Director, Canara Bank
2 Canara Financial Advisory Trust
Message from Executive Director Canara Bank
The concept of improving financial literacy as a national project has been gradually building and over the last two years, there has been perceptible momentum in the implementation of the concept. It is a matter of delight that Financial Literacy has found a prominent place in the agenda of our financial planners and the need to embed this noble concept in our way of life has received impetus at every level. India is having large population, a fast growing economy with national focus on inclusive growth and an urgent need to develop a vibrant and stable financial system. Therefore it is all the more necessary to focus on financial education. Making good financial choices about saving, spending, insurance, investing and managing debt are the key components of financial education and in spreading this awareness Financial Literacy Centers play an important role. The Canara Financial Advisory Trust promoted by Canara Bank has been in the forefront and doing yeomen service in bringing awareness among public on Banking and related services. The efforts made by the Trust are getting momentum with the number of people educated by the Financial Literacy Centers managed by the Trust crossing ONE MILLION mark. The number of people contacted and counseled through the Centers have gone from 6, 23,128 in 2013-14 to 10,67,180 in 2014-15. The efforts put in by Canara Bank towards creating a literate India is reflected in the effective functioning of the Trust. While appreciating the efforts put in by the Trust in popularizing the financial literacy, I wish their endeavors all success.
P S Rawat Executive Director
3 Annual Report 2014-15
Message from Chief General Manager PC & F I Wing Canara Bank
Given the fact that India is having large population, a fast growing economy with national focus on inclusive growth and an urgent need to develop a vibrant and stable financial system, it is all the more necessary to quickly formulate and implement a national strategy. The concept of improving financial literacy as a national project has been gradually building momentum. Financial education is key to financial inclusion and inclusive growth. To augment the savings rates among the villagers and poorest among the communities, financial literacy need to be taken to the length and breadth of the country. A financially aware and empowered India has been the focus of all our planning strategies. Towards this, the Canara Financial Advisory Trust has been promoted by the Bank. The Trust through the 65 Financial Literacy Centers administered by it is constantly working towards spreading banking knowledge among the people in their area of operation. Financial literacy is imparted through one to one counseling, meeting people at seminars/camps organized at villages and conducting camps at schools and colleges. Novel conveying medium viz. Yakshagana (a dance drama), Street plays (Beedhi Nataka), Puppet shows, etc. are emerged to create long lasting impression in the minds of rural people on the concept of Banking and related services. As against 6,23,128 persons educated as at March 2014 the number of persons educated improved to 10, 67,180 during the year 2014-15. A remarkable improvement in the field of financial literacy made possible by the wholehearted support and co-operation of all the Financial Counselors engaged by the Trust across the country. I take this opportunity in providing qualitative inputs to public to enhance their awareness on banking and to record my appreciation for the great work done by Amulya Financial Literacy centers and Canara Financial Advisory Trust. I wish the Trust all the very best in their endeavors and related areas.
S S BHAT CHIEF GENERAL MANAGER
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Trustees of Canara Financial Advisory Trust as on 31.03.2015
M Akshaya Kumar Retd. General Manager of Canara Bank. Managing Trustee
Dr. N. Narasimha Dr. Madhura M Chatrapathi Dr. R. Balasubramaniam Professor, University of Founder & Chairman, Food Dev. Activist, Leadership Trainer & Agricultural Sciences, Associates,Bengaluru & Asian Center for Social Innovator, Founder, Swami GKVK, Trustee. Entrepreneurial Initiatives, Bengaluru Vivekananda Youth Movement and (ASCENT), Trustee Chairman of Grassroot Research And Advocacy Movement (GRAAM), Trustee
G Ganapathi Bhat Virupaksha K D Surendra Progressive Farmer, Deputy General Manager, General Manager, Trustee Canara Bank, HO, Trustee Pragathi Krishna Gramin Bank, Trustee
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Highlights
Ø The Canara Financial Advisory Trust (CFAT) has been functioning since October 2010. Ø 13 new Centers were added during the current year. The number of Financial Literacy Centers (FLCs) managed by the Trust has increased from 52 during 2013-14 to 65 during 2014- 15. 9 FLCs sponsored by Kerala Gramin Bank were administered by the Trust for a couple of months (July and August). However, owing to administrative convenience, Kerala Gramin Bank decided to administer these Nine Centers by themselves. Ø One Million mark of persons counseled/contacted and educated have been humbled by the Trust during the year. As against 6, 23,128 persons as at March 2014, the number of persons educated bounced to 10, 67,180. A remarkable achievement in the field of financial literacy which is made possible by the wholehearted support and co-operation of all the Financial Counselors. Ø With a view to consolidate all the guidelines issued by the Trust from time to time, a comprehensive Hand book on Financial Literacy Centers brought out and distributed to all the Centers for their guidance. The Hand Book is being revised to incorporate the guidelines issued subsequently. Ø To bring about uniformity in maintenance of Registers, Trust has arranged to print and distribute 12 important registers to be maintained at the Centers. Ø Steps are being taken to train the Office Assistants in the Centers to upgrade their knowledge on Banking and Communication. Ø With a view to provide orientation to the newly engaged Counselors on their roles and responsibilities a three days residential training programme was arranged at Bengaluru in co-ordination with National Academy of RUDSETI from3rd July 2014 to 5th July 2014 where 24 Counselors participated. One more training programme from 9th March 2015 to 11th March 2015 was also conducted at Bengaluru where 21 Counselors participated. Ø A web package has been uploaded at all the Centers to have direct contact with the Centers on real time basis. The Centers are using the package for attendance marking and recording all their activities viz. village visits, details of counseling made at the center and are even able to port success stories and photos taken on important occasions for publicity and information of other centers. Ø Dr. R Balasubramaniam, Dev. Activist, Leadership Trainer & Social Innovator, Shri G Ganapathi Bhat, Progressive Farmer, Shri Virupaksha K, Deputy General Manager, Canara Bank, and Shri D Surendra, General Manager, Pragathi Krishna Gramin Bank, were appointed as Trustees during the year. Ø Shri L Narayana Reddy, one of the founder Trustees retired on account of completion of his tenure as per the policies of the Trust. His association with the Trust in the formative days
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helped to frame policies for effective administration of the literacy Centers and his rich experience in agriculture and allied activities enlivened the deliberations during the Trust Meetings. He was given a befitting farewell by the Trust and Canara Bank, the promoter. Ø Six Counselors at Tamil Nadu state were nominated for a RBI workshop at Chennai to provide them required inputs to make their functioning effective. Ø The Counselors have utilized the opportunity of explaining about the availability of Banking services through FM Radio stations. The Financial Counselors at the Financial Literacy Centers wholeheartedly participated in the PRIME MINISTER’S JAN DHAN YOJNA (PMJDY) to educate the public on opening bank accounts and helped to open about one crore Bank accounts during 18.08.2014 to 28.08.2014
Ø Engaged M/s Shabara of Sirsi to conduct three training programs on Canara Yaksha Kishor Yojane – Financial Literacy through Yakshagana Plays for the students in High Schools in the districts of Uttara Kannada, Haveri and Dharwar in Karnataka State. Ø Engaged M/s Karnataka Kala Darshini, Bengaluru to conduct Yakshagana programme on Financial Literacy at five different venues in Hassan and NR Pura blocks in Karnataka during January, 2015. Ø All the Centers participated in the Financial Literacy Month celebrated by Canara Bank in the months of June 2014 and January 2015 and made it a grand success. Ø The Managing Trustee was invited to inagurate a one day workshop for all the counselors of Financial Literacy Centers in Karnataka by Reserve Bank of India. The address was well received by RBI Officials besides the good performance of FLCs promoted by Canara Bank and PKGB. Ø As an unique initiative to spread Financial Literacy, a Facilitator (Retired General Manager of Canara Bank) was appointed with specific goals. Ø M/s Agrinsights Consultanacy Services Pvt. Limited was engaged by the Trust to conduct an evaluation study of financial literacy centers opened in 2010 and 2011 with a view to assess the level of implementation of FLC project. The study focused on the impact of activities of FLCs on the public at large and the benefits derived, perceptible improvement the concept could make in the behavior of people in managing their finances and to understand the utility of the Scheme in achieving financial inclusion. The study observed that 15 out of 26 FLCs scoring excellent gradation with 9 enters getting very good score speaks of the performance of FLCs both in quantitative and qualitative terms. The functioning of the Trust was also evaluated and its functioning was rated as “EXCELLENT”.
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Managing Trustee’s Report
M Akshaya Kumar Managing Trustee
The Canara Financial Advisory Trust was registered on 8th October, 2010. The Trust started functioning independently from 3rd September, 2011 at an independent office with a Principal Trustee and three Trustees representing various spheres in the society. The principal Trustee was re-designated as Managing Trustee and he assumed the office on 1st June 2012. The top executives from Priority Credit & Financial Inclusion Wing of Canara Bank are permanent invitees to all the Trust meetings. As at 31st March 2014, there were 52 Centers under the management of the Trust. During the year, another 13 Centers were opened taking the total number of Centers under the Trust management to 65. The number of persons educated through counseling/Contact has increased considerably. From 6, 23,128 as at March 2014 the number of people counseled/educated crossed one million marks to touch10, 67,180 as at March 2015. The Trust has taken lead to provide infrastructure to the Centers. All the Centers are equipped with adequate infrastructure like furniture, computer with printer, telephone, store-wells, notice board etc. Each Center is provided with an Office Assistant who will assist the Financial Counselor, besides ensuring that the Center is kept open whenever the Financial Counselor visits to villages or to attend other official function. To guide and monitor the Centers, every Center has been advised to constitute a Local Monitoring Committee. This is a novel experiment with an idea of involving the local people/officials in the functioning of the Centers and also to review and guide the Centers in their working. The Committee is to be chaired by Lead District Manager/ Regional Manager of the RRB/local Branch Manager as the case may be. The Committee has eight to nine members comprising of local Branch Managers of the Banks, representative of Training Institutes, NGOs, Progressive farmers, MSME entrepreneur and any other persons/Officials who takes interest in the functioning of the Center. The Lead District Manager, DDM NABARD, and the Executive overseeing Financial Inclusion in the Circle Office of the Canara Bank are permanent invitees to the LMC. The Committee meets every alternate month and the proceedings are forwarded to the Trust. Employing innovative models to spread the banking awareness has been our endeavor since such efforts will leave a lasting impression in the minds of people. In two Blocks (Hassan and N R Pura) as done in the previous year the knowledge on Banking was disseminated through a unique local drama known as “Yakshagana”, where there will be songs, dance, dialogue, dazzling dress besides a typical type of background music. The drama was held in ten villages and the response was very good.
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Engaged M/s Shabara of Sirsi to conduct three training programs on Canara Yaksha Kishor Yojane – Financial Literacy through Yakshagana Play. for the students in High Schools in the districts of Uttara Kannada, Haveri and Dharward in Karnataka. The performance of the trained students was extraordinary and the Managing Turstee along with the Chief General Manager of Canara Bank witnessed one programme conducted by the trained students. M/S Agrinsights Consultancy services private limited was engaged to conduct an impact study of our Financial Literacy Centers which have completed three years by an outside agency to have an impartial views. The study observed that 15 out of 26 FLCs scoring excellent gradation with 9 Centers getting very good score speaks of the performance of FLCs both in quantitative and qualitative terms. During the year, on the basis of the selection and recommendations by P.C. & F.I.Wing of Canara Bank, appointment of new Financial Counselors to the following Financial Literacy Centers were done with a view to fill up the vacancies created on account of retirement of Counselors/opening of new centers:
Name of the Financial Name of the Center Area to be covered Counselor appointed. 1. M.Kanniah Pudukkottai Pudukkottai block 2. C.D.Hanji Gokak Gokak Block 3. P.Sanjeevappa Bagepalli Bagepalli Block. 4. S.M.Chandrashekhar T.Narasipura T.Narasipura Block. 5. D.V.Lakshminarayana Mulbagal Mulbagal Block. 6. Lakshminarayana Nelamangala Nelamangala Block 7. T.K.Raina New Delhi New Delhi District 8. Umesh Chandra Guptha West Delhi West Delhi District. 9. Ashok Shelly Central Delhi Central Delhi District. 10. Umeshchandra Kasganj Kasganj District 11. Velayudhan M.V. Palakkad Palakkad Block 12. M.G.Gangaramiah Chikkaballapur Chikkaballapur Block 13. Kamalakar B. Humnabad Humnabad Block 14. N.Somappa H.B.Hally H.B.Hally Block 15. Subhash Singh Thakur Devadurga Devadurga Block 16. Sunderlal Etah Etah District 17. Vasudev Mankal Basavakalyan Basavakalyan Block 18. Sushil Kumar Gupta West Delhi West Delhi District
9 Annual Report 2014-15
Name of the Financial Name of the Center Area to be covered Counselor appointed. 19. M.M.Sarawat Hathras Hathras District 20. H.C.Pandey Aligarh Aligarh District 21. G.M.Kulkarni Chincholi Chincholi Block 22. Balachandra Menon K. Chowanur Chowanur Block 23. P.K.Vijaya Kumar Thodupuzha Thodupuzha Block 24. N.A.Rajan Angamali Angamali Block 25. S.A.Somappa Harapanahally Harapanahally Block 26. Ashok V.Malli Aland Aland Block 27. Sheikh Abdul Khalik Yadgiri Yadgiri Block 28. L. Mathan Ooty Ooty District Periodic Trust meetings were held in time where the performance and progress of the Centers were evaluated. Policies formulated in the Trust meetings were implemented in time to achieve the desired objectives. During the year, 43 centers were visited by the Managing Trustee/Trustee to assess the working of the Center. Fruitful discussions were held by convening LMC meeting wherever possible and feedback obtained. Wherever meetings could not be conducted, the Members of LMC/Lead Bank Officials/Bank Officials were met to obtain feed back on the functioning of the Center which is used to streamline the functioning of the Centers. After the visit, a visit report was forwarded to the Centers with a request to send their response/ compliance reports on the observations made. A gist of the visit report is placed in the subsequent Trust Meeting for review. Towards capacity building and skill development of Counselors, two training programs were arranged at Bengaluru where 45 Counselors participated. The sessions were handled by the able faculty from National Academy of RUDSETI. Executives from Canara Bank and Trustees of CFAT addressed the participants to share their experience and expectations. It is proposed to conduct training programme for the Office Assistant also in this year. Towards knowledge updating, a Hand Book was brought out codifying all the guidelines issued by the Trust from time to time and distributed to all the Centers. The Hand Book provides in details the roles and responsibilities of the Counselors, their activities, preparation and submission of various reports, conduct of meetings, counseling the public, so on and so forth. The Book will certainly help the Counselors to get clarification on every aspect of Center administration and will enable them to discharge their duties more efficiently. Revision of Hand Book is in progress. To have direct contact with the Centers on real time basis, a web package was developed and uploaded at all the Centers. The activities of the Centers can be monitored by the Trust as well as Canara Bank/RRB and guide them wherever necessary. The Centers are making use of the package to mark attendance, report details of villages visited, number of persons visited the Center and counseled and all the other relevant reporting.
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The year has been challenging as well as rewarding. One Million mark of persons Counseled/ Contacted and educated have been humbled by the Trust during the year. As against 6, 23,128 persons as at March 2014 the number of persons educated bounced to 10, 67,180 a remarkable achievement made possible by the whole hearted cooperation and support from all the Counselors engaged by the Trust. There was overwhelming response from the Centers to participate In the PRIME MINISTER’S JAN DHAN YOJNA (PMJDY) to educate the public on opening bank accounts and helped to open about one crore Bank accounts during 18.08.2014 to 28.08.2014 There has been perceptible change in the functioning of Centers and the Counselors are well oriented towards their objectives. It is being highlighted repeatedly that the Counselors should be service oriented and not money minded. We have been able to impress upon them to work with a social bend of mind and serve the society with a sense of pride. We are sure the days ahead will bring in more laurels and the Canara Financial Advisory Trust will be able to carve a niche among the Counseling Centers managed by other Banks. During the year Financial Counselors from Karnataka (Counselors at FLCs promoted by Pragathi Krishna Gramin Bank) were nominated for a workshop organized by BIRD Mangaluru. The Financial Counselor from FLC Shiekhpura was nominated for a two days workshop on financial inclusion, financial literacy and microfinance for senior level officers at IIBM Gauhati. All the Centers participated in the Financial Literacy Month celebrated by Canara Bank in the months of June 2014 and January 2015 and made it a grand success. The Managing Trustee was invited to inagurate a one day workshop for all the counselors of Financial Literacy Centers in Karnataka by Reserve Bank of India. The address was well received by RBI Officials besides the good performance of FLCs promoted by Canara Bank and PKGB. As an unique initiative to spread Financial Literacy, a Facilitator (Retired General Manager of Canara Bank) was appointed with specific goals. There has been unprecedented support and co-operation from Canara Bank, the promoter, but for which Trust could not have been able to achieve the covetous ONE MILLION MARK of contacting and educating the public. The Chief General Manager and his team of Executives in the Priority Credit and Financial Inclusion Wing always guided the Trust in effective administration of its day to day activities. Their encouragement and wholehearted support was our strength in forging forward with the avowed objective of spreading banking awareness to masses through 65 Financial Literacy Centers.
M AKSHAYA KUMAR MANAGING TRUSTEE
11 Annual Report 2014-15
CAPACITY BUILDING OF COUNSELORS
The Trust organized two training programme during the year so as to orient the Financial Counselors to discharge their functions effectively. The Training programme organized on residential basis at Hotel Citadel, Bengaluru by involving the resources from the National Academy of RUDSETI. In all 45 Counselors from all over the country participated in this training programme. The courses ware designed with utmost care so as to include all the functional areas of banking, communicating and other social skills, experience sharing and control and monitoring aspects. Besides the faculties from National Academy of RUDSETIs Executives/officials from Priority Credit and F I Wing and Trustees also addressed the participants. The Managing Trustee remained with the participants all through the three days so as to assess the effectiveness of the training besides providing clarifications/guidance as and when required. The training was well received and the participants appreciated the efforts of the Trust. During the year, Financial Counselors from Karnataka (Counselors at FLCs promoted by Pragathi Krishna Gramin Bank) were nominated for a workshop organized by BIRD Mangaluru. The Financial Counselor from FLC Shiekhpura was nominated for a two days workshop on financial inclusion, financial literacy and microfinance for senior level officers at IIBM Gauhati.
YAKSHAGANA PROGRAMME ON FINANCIAL LITERACY
By availing the services of M/s Kala Darshini Bengaluru, ten Yakshagana programs on Financial Literacy were held at ten villages in Hassan and N R Pura Blocks. The above organization is engaged in the preservation and promotion of traditional art forms of Karnataka, especially Yakshagana, having professional troupes. The programs were well received by the villagers and appreciated the efforts in communicating the concept in a very novel way. This medium of visual communication is long lasting and will help the audience to understand the nuance of the scheme. The village –wise details of programs given below for information. FLC Hassan. FLC Narasimharajapura. Doddagadavalli 02.03.2015 Shetty Koppa 21.02.2015 Kadadarahally 03.03.2015 Narasimharajapura 22.02.2015 DoddaBaganahally 04.03.2015 Kanur 23.02.2015 Thirupathihally 05.03.2015 Varkatte 24.02.2015 K.Aladahally 06.03.2015 Balehonnuru 25.02.2015
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VISIT TO CENTERS BY MANAGING TRUSTEE
The Managing Trustee visits the Centers periodically. During the financial year he has visited 43 Centers. The Managing Trustee forwards his observations to the Centers advising them to submit their response/compliance. A gist of his visit report is also placed to the Trustees in the meeting of the Trust for their information and review. The visits give the Managing Trustee an opportunity to assess the working of the Center, up keep of records, ambience and premises location. A fruitful discussion is held by convening LMC meeting wherever possible and feedback obtained. All the participants in the meeting are requested to utilize the services of the FLC and extend their co-operation for the success of the concept. Wherever meetings could not be conducted, the Managing Trustee met the Members of LMC/Lead Bank Officials to obtain feed back on the functioning of the Center which is used to streamline the functioning of the Centers. The visits of the Managing Trustee also help the Counselor and Office Assistant to rectify the shortcomings in their working besides getting encouragement and motivation by the visits.
WEB PACKAGE
All the Centers are networked through a Web Package to facilitate real time monitoring of their activities and also to bring about efficient administration of their functioning. The system facilitates marking of attendance at the Centers both by the Financial Counselor and Office Assistants and the Trust Office will be able to monitor the same on a real time basis. The Centers can also record the details of village visits, number of persons counseled and contacted, LMC meeting conducted, gist of the proceedings, financial transactions, etc on a day to day basis. In the long run the system enables us to move to a paperless platform and improve efficiency at all levels. The Financial Counselors and Office Assistants were given adequate briefing by the Service provider so as to help them to handle the package with ease.
AUDITING OF THE TRUST
The transactions of the Trust are audited by external auditors every year and necessary details are filed with Income Tax Department. The accounts for the year 2014-2015 were audited by M/s Shantharam, Chartered Accountant. The Financial Statements of the Trust for the year 2014-2015 are included separately in this year Annual Report.
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Impact study by M/sAgrinsights Consultancy Services Pvt. Ltd.
Canara Bank has established a total of 52 FLCs as on March, 2014, of which 26 FLCs completed three years and are spread across Five states (Eight inKarnataka, Seven in Tamil Nadu, Five in Kerala, Five in Uttar Pradesh and One in Bihar). The bank desired to know the impact of these FLCs on financial literacy/financial education in the area of their operations, by way of an evaluation study. Hence, in July 2014, Canara Financial Advisory Trust (CFAT), Bengalure entrusted the evaluation study to M/s. Agrinsights Consultancy Services Pvt Ltd, Bengalure. The level of implementation of the FLC project involving 26 FLCs was studied in all respects. In fact, based on an excellent base already created and encouraged by the progress/ performance of the existing FLCs, the bank and CFAT have gone ahead in opening a large number of additional FLCs in various districts across the country. In the 30 months review period, the beneficiaries covered by all the 26 FLCs put together both in terms of contacted and counseled is nearly TEN lakhs which is an impressive performance. Thus the primacy of the utility is in terms of a large scale out reach of the targeted population. It is seen that more than 4000 villages have been covered by FLCs during the period where the targeted population has been reached effectively. The study shows that FLCs have conducted 1769 outdoor awareness camps during the period of study and covered 360 schools addressing 60529 students. From the evaluation study it is found that among the beneficiaries there is good improvement in the number of SB accounts and the amount saved in SB has also substantially increased. The increase in amount of savings in SHG accounts is also considerable in the post program feedback. There is also increase of loan amount availed with banks and SHGs as an indication of post program impact. From specific feedback obtained on banking products and services in terms of ‘I know the product’, I am using it’ and‘ I do not know’, it is seen that a good number of beneficiaries are using the products and services. Among the users, the major usage is in terms of having SB account with nomination facility availed in most of cases.
Bench marking the performance of FLCs both in terms of villages covered and coverage of targeted population has been found to be quite good in most of the cases and satisfactory in others.
The performance of FLCs has been rated taking into account both quantitative and qualitative parameters. 15 out of 26 FLCs scoring ‘excellent’ gradation with 9 centers getting ‘very good’ score speaks of the performance of FLCs both in quantitative and qualitative terms.
The study has observed that CFAT is playing a proactive role in monitoring the performance of FLCs and devising new methods and procedures so as to have checks and balances in day to day working and also achieve the objectives set out by RBI. It is through their facilitation role there has been a
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very successful outcome in terms of large beneficiary coverage. They have played a key role in capacity building of counselors. Conduct of Trust meetings, functioning of Trust office, administration, audit and control of expenses are effectively carried out. The performance review of individual FLCs through Managing Trustee, regular field visits has given the much needed impetus for the success. Based on these aspects and a set of eight parameters the performance of the Trust has been rated. It is noteworthy that in this rating process the performance of CFAT stands out with a score exceeding 90%.
Board of Trustees Meeting
The Board of Trustees met seven times in 2014 – 2015 on 30th April, 1st June, 29th June, 30th August, 29th October, and 24th December in 2014 and 25th February, 2015. Besides the Trustees, the meetings were attended by the Chief General Manager and other Executives of Priority Credit and Financial Inclusion Wing of Canara Bank as special invitees. In the meetings, the performance of all the Financial Literacy Centers was reviewed. The meeting also took policy decisions on the functioning of the Centers. The Trust also reviewed the expenses of the Centers as well as adopted the Audited Accounts of the Trust. In the meetings, the Managing Trustee placed the action taken on the decisions of the earlier meeting to ensure that the decisions of the Trust are properly implemented.
A unique initiative - Engaging of Facilitator for promoting Financial Literacy
Pradhan Mantri Jan Dhan Yojana, comprehensive financial inclusion intiative, mooted by Govt of India,in August 2014, invoked enthusiastic participation of banks and tremendous response from public, resulting in record number of accounts opened by people hitherto away from Banking system. Canara Bank played an active role in reaching out to public and opened over 36 lakh accounts by Oct 2014. FLC Counselors played a major role in educating the people for opening accounts with banks in large numbers.
Trust realized the need of imparting financial literacy to these first time account holders, so that they will operate the accounts and utilize the banking services, to their advantage. This called for directing the financial literacy efforts in a focused manner, towards this clientele, with the active participation of Banking service providers. Branch managers and Business correspondents. Involvement of actual Service Providers in financial literacy initiatives along with FLC counselors would add to credibility ,create confidence and motivate people to utilize banking facilities.
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With this in mind, in the month of Nov 2014, Trust engaged the services of a Retired General Manager of the bank, well versed in rural banking, financial inclusion and Financial Literacy, as FACILITATOR to
- Plan and monitor initiatives to motivate, train and equip Branch managers and Business correspondents to play an active role of organizing financial literacy education camps at villages/wards, with focus on PMJDY account holders.
- Develop a module of financial literacy workshop, including content and coverage, which shall create awareness in public about need and manner of increasing transactions in their accounts, to realize the fruits of banking relationship.
- Draw an Action programme for conduct of so designed workshops in the villages/urban wards served by branches of the bank. This is a unique initiative of the Trust, aiming at broadbasing the financial literacy initiatives and coordinating efforts of counselors and bank branches., to educate more people more effectively.
Activity for 2014-15:
1. Developed a training module for motivating , sensitizing and equipping Branch Managers on PMJDY and Financial Literacy conducted 2 programmes and trained 63 branch managers. All rural and semiurban branches will be provided this training in 2015-16.
2. Instrumental in setting up a High level committee in the Bank on “Financial Literacy through Branches,” to take policy decisions, plan and monitor the activities of branches in spreading financial literacy among public, in coordination with the trust activities.
3. Developed a module of financial literacy workshop of three hours duration, to educate people in simple language about banking and need of transactions. This module was field tested by conducting 15 village level workshops, involving branches and voluntary agencies and educated 920 villagers.
4. Formulated model guidelines and circulated to branches for conduct of such workshops in respective villages. Progress is being monitored.
These activities have resulted in Branch Managers appreciating the role of the Trust and Financial Literacy Centers and utilizing their services in the villages served by them. The activities will be intensified further during the coming years.
16 Canara Financial Advisory Trust
PERFORMANCE HIGHLIGHTS OF THE CENTERS
As on 31st March, 2015, there were 65 Financial Literacy Centers under the management of the Trust. In pursuit of imparting Financial Literacy, the Centers participate in various meetings, seminars, exhibitions, Grama Sabhas, address students in Educational Institutes, etc. and send feed back on a regular basis to the Trust Office. Glimpses of a few such programs are included in the following paragraphs: 1. Financial Literacy Center - Agra (Uttar Pradesh): The center was shifted to new independent office on 23/04/2014. During the year under review, 23561 people were contacted and educated by the Center (highest ever) by attending 224 programs/ meetings/ seminars etc. This works out to an average of 1963 people per month. RBI held a mega financial literacy camp for Women Self Help Groups at Kaulakha on 28.05.2014 where the Counselor participated and about 500 women beneficiaries were educated on banking and finance. A magic show was also arranged by Canara Bank to convey the message of “Development through banking”. 2. Financial Literacy Center – Davanagere (Karnataka) The center is having good coordination with Sri Keshtra Dharmastala Rural Development Project, Govt. Departments like Women and Children Welfare, Senior Citizen and Physically Disabled Rehabilitation Office, and NGOs like APD, Zilla Panchayath, Training Center. They are also attending DLRC/DCC/BLBC Meetings regularly. Good number of extension programs, Public meetings, College NSS Camps, Krushi Melas, SHG meetings, Awareness programs to Road side Vegetable Vendors and Workers in Unorganized Sectors were conducted and popularized the concept of BANKING THE UNBANKED with a cause that everyone should have comprehensive Social Security of his family by simply opening a Savings Bank account and operating it regularly. 3. Financial Literacy Center – Gokak (Karnataka) The center has considered students of high school/colleges are valuable assets of the nation and its leader of tomorrow. Keeping in mind this, Center has conducted 70-75 financial literacy programs in various schools/colleges. During such programs along with banking awareness counselor has conducted classes in economics and social science in tune with their syllabus. In the last one year, cash prizes ranging from Rs 1000/- to Rs.4000/- have been awarded to poor and merit students of 15-20 schools by the Financial Counselor out of his own initiative and funds. Looking at performance of the each school/college, articles like steel almirh, home theater, meals plates, and glasses were donated. Considering the good work of the counselor and his attitude towards Educational institution, nearly dozen school/colleges invited him as a chief guest for their annual gathering and Farwell programs.
17 Annual Report 2014-15
Because of his generous act counselor remained in the lime light throughout the year. Gokak center has done an excellent work in Financial Literacy programme to SHG and women entrepreneurs. The center has contacted as many as 25802 during the year. 4. Financial Literacy Center – Hassan (Karnataka): The Center had organized "Yakshagana", a dance drama programme during March 2015 at 5 villages with the co-operation of Grama Panchayaths to popularize the financial literacy on banking services and its importance. Around 2988 people participated in the programme and derived the benefit. "Hoysalothsava" programme was arranged on 10.01.2015 in Hassan stadium by Dist Administration where the Counselor participated and also was given a stall for the purpose of educating the people about banking services. About 450 people attended the programme. 5. Financial Literacy Center – Hathras (Uttar Pradesh) The Centre had participated in various Meetings, Seminar, Village visits, Door to Door campaigns etc. to create Banking Awareness and Financial Literacy to targeted group, who have not availed banking facilities. During the F.Y.2014-15 more than 173 meetings /camps were conducted and educated over 16600 persons in the command area. Counselor had visited 63 villages, 41 Training programs at Training Institutions, 28 schools/collages, six SHG women groups and 35 BLBC meetings .Besides attending BLBC meetings in all the seven Blocks, they have also participated in DLRC,DCC AND STANDING COMMITTEE meetings regularly. 6. Financial Literacy Center - Hubballi (Karnataka) The Center conducted one "Yakshagana" Programme on 13.03.2015 at J.R.G.PU/ High School at Noolvi village of Hubballi taluka, in coordination with the Shabara Samsthe - Sonda. The Yakshagana was played by the local high school students who were trained for about two months by the professionals in Yakshagana. This Yakshagana training of students was sponsored by the Trust. The programme conveyed the message regarding the need for having accounts and transactions with Banks, need for savings, various loan facilites to public for undertaking different economic activities and its prompt repayment, benifits of forming self help groups/ joint lability groups, non-transperant mode of transactions and its bad effects to people in availing loans from private Money lenders. The efforts were admired by the public and the message was well received. 7. Financial Literacy Center – Iritty (Kerala) During the year 2014-15, the Center counselled 488 people and educated 13493 people of various cross sections . The programs attended include 39 in educational institutions , 30 Gramasabhas, 61 Kudumbasree programs 28 farmers' meetings. During June 2014, Kerala Govt came down heavily on " Illegal Money lenders” locally known as "blade". Under Govt Instructions a campaign against blade mafia was conducted involving kudumbasree members. The Center took lead role in educating them on “how bank credit can be effectively used for competing blade mafia” . 2208 members in 12 panchayats were educated by the Counselor through 18 financial literacy classes. During Feb, March 2015 a campaign to
18 Canara Financial Advisory Trust
achieve 100% linkage of Kudumbasree Ayalkoottams was arranged by Kudumabsree and NABARD as linkage loan proved to be an effective tool to fight illegal money lenders . FLCs were assigned the lead role in sensitizing Kudumabsree Units . 18 sensitation meetings , involving 1867 members were conducted during the period. 8. Financial Literacy Center – Madapally (Kerala) The Center had conducted the Financial Literacy Awareness Programme as well as Credit Awareness Programme in the villages under its jurisdiction. In such meetings, the Counselor spoke about the purpose of the establishing the Centre and its objectives, besides explaining various facilities available at Banks, including Insurance products as well as money transferring. During the year under review the Center was able to contact and educate 8062 people through village visits. 9. Financial Literacy Center - Madurai (Tamil Nadu) Financial Literacy Centre, Madurai was instrumental in imparting financial literacy to over 18000 people and counseling was done to about 1000 persons on deposit schemes, agriculture credit, education loans and MSE credit apart from insurance and pension, during 2014-15. The Financial literacy was through village meetings involving panchayat presidents / business correspondents / Bank Officials / NGOs etc. Further, they addressed the trainees of different training institutes like RUDSETI and Govt. Polytechnics as well as teachers and students of educational institutions,. Financial literacy month was conducted during January 2015 with intense financial literacy activities. 10. Financial Literacy Center – N R Pura (Karnataka) To educate people in and around villages of N.R.Pura Block, the Center had conducted personal visits in Co-ordination with the Office Assistant, Panchayath Development Officers, President and Members, Business Correspondents, NGO’s, SHG, Joint Liability Group, Lead Bank, Taluk Panchayath, Zilla Panchayath Members, Govt Officials, DDM NABARD etc., to popularize Financial Literacy concept in the area of operation. They had organized “ Yakshagana” under the able guidance and leadership of our Managing Trustee in five different villages. More than 8000 people participated and the programs elicited appreciation from the audience for its innovative ideas and content. The Centre has considered SHG women, Joint Liability Women Groups, School Children, Landless laborers, Small vendors, farmers as its target groups and formed 30 Joint Liability groups in Co-ordination with Canara Bank, Gubbiga Branch, DDM NABARD and linked nearly 150 families to Banking transaction through JLG’s. 11. Financial Literacy Center – Nelamangala (Karnataka) The Center located at Bengaluru City was shifted to Nelamangala during the year. Their target groups were mainly Farmers, SHG Members, Agricultural laborers, School/College Students and Trainees at Rudset Institute/ ITI Institutes. During the year the Center had contacted /educated 26733 people including 5349 Students. The Center had counseled 856 People during the year and visited 40 Gram Panchayaths and 70 Villages.
19 Annual Report 2014-15
Five Exclusive SHG Meetings were conducted at GP Kalalugatta, GP Agalakuppe, Weavers colony Nelamangala, Canara Bank Branches at Thyamagondlu, Arishinakunte and Kuluvanahalli. The Meetings were addressed by LDM, CM Canara Bank Nelamangala and Sri K S Prabhakara Rao, Facilitator to CFAT. 12. Financial Literacy Center – New Delhi The Center Started functioning on 15.07.2014. The centre has introduced an innovative method to impart Financial Literacy by visiting entire jhuggi areas, camps, villages and educational institutions in the National Capital of India. Since opening of the centre till March'2015, 152 Mega Camps were held, and counseling more than 16670 people. The FLC participated in various meetings, seminars, programs of RBI, SLBC, NABARD, Distt. Authorities, NGO's, Gram Sabhas in New Delhi Dist. They also organized door to door campaigns of PMJDY and new social schemes launched by Honb'le Prime Minister to popularize the banking culture among the unbanked rural areas. Counselor participated in series of street plays, Nukkadnatak, road shows scripted, directed and anchored by himself. 13. Financial Literacy Center – Palakkad (Kerala) The Center had participated in various Meetings, Seminars, Grama Sabhas, Village visits, Door to Door Campaigns etc. to create Banking Awareness and Financial Literacy to targeted group, who are away from banking fold. The Center participated actively in the various programs organized by Banks, Government Departments, NGOs, and Training Institutes and took the opportunity to educate the people on Banking. During the year the Center had contacted and educated 8062 persons through its various programs and village visits. 14. Financial Literacy Center – Pudukottai (Tamil Nadu) The Center conducted 13-Mega Camps at various villages in the month of January 2015 and more than 11,000 peoples were educated about various schemes of deposit and advances. Newly introduced schemes like PMJDY and its related benefits, insurance scheme were explained to the public by conducting camps at various locations in their command area. Facilitated to open more than 15,000, SB accounts in various bank branches in Pudukkottai-dist under PMJDY-Schemes. 15. Financial Literacy Center – Sheikhpura ( Bihar) The Center is engaged in spreading banking awareness in the district of Sheikhpura and conducts regular programs in their area of operation in co-ordination with the village officials, NGOs and Lead Bank. During the year the Counselor was able to contact and educate 16174 persons in the district. 994 persons visited the Center and had one to one counseling. 16. Financial Literacy Center – Shivamogga (Karnataka) As an innovative measure to inculcate the concept of Financial Inclusion, Financial Literacy and Self development, the Center had organized "Street Play" engaging "Parisara" a known and reputed drama troupe. This helped them to reach out to the masses in Ten villages of Shivamogga and Bhadravathi Taluks. 22987 persons could be contacted and educated by conducting various camps at different villages in the district.
20 Canara Financial Advisory Trust
17. Financial Literacy Center - Sira(Karnataka) The Counselor had visited 115 villages in the financial year 2014-15 and conducted meetings/camps for the benefit of SHG members ,Farmers and students in schools and colleges in the area. NSS camps and Swacha Bharat Mission camps were conducted to educate/create awareness about financial inclusion ,Banking schemes, Loan facilities and PMJDY scheme of GOI to the rural people and farmers. During the year the Center could educate about 15600 persons and counsel around 1300 persons. They also have conducted large number of literacy camps in remote villages in association with rural branches of various banks on banking and PMJDY schemes. 18. Financial Literacy Center - Sulthan Batheri (Kerala) The Center caters to a huge tribal population in the district of Waynad. There are lot of tea estates in the area and the labour force belong to the local tribal population. Meppadi is one such area in the command area of the Literacy Center which is 13 km away from Chooralmala. There was no ATM or Kiosk in their home town for any Bank. So it was very difficult for the people to operate their accounts as per PMJDY norms. The Tea estate management went along with the Counselor and represented their grievance to the Lead bank Manager, Kalpetta. The LDM raised this issue in the DLRC meeting held on 11/3/2015. It was decided to take up the matter with the Management of South Indian Bank Ltd at HO level through their Meppadi Branch. HO has permitted to install an ATM at Chooralmala and the installation process is now in progress. This is one of the various initiatives taken by the Center. 19. Financial Literacy Center – Tiruppur (Tamil Nadu) During the year the Center had conducted about 20 programs exclusively for the benefit of NREGA workers in the villages. The speciality about the event is that, they had conducted the programs at the work spot itself, without affecting their work and causing any inconvenience of moving the public to a place of our choice to conduct the programme. One such programme was conducted at Thandakoundenpalayam of Kalipalayam village on 11th November 2014. The programme was organized at the worksite itself where the workers were involved in construction of a rain water storage pond. The Financial Counselor spoke to them on the need for savings, various savings products available to them, the need for regular/ improving the operations in the SB account etc. Even though, the Bank has opened Savings Bank Account for all of them to credit the wages, they were under the impression that the account is only for routing their wages earned and the entire sum was withdrawn immediately after credit. They were advised to operate the accounts regularly and also to save in the account. 20. Financial Literacy Center – Trissur (Kerala) In connection with SAMPOORNA VITTEEYA SAMAVESHAN (TFI), Akaash Vani (ALL INDIA RADIO) requested the Financial Counsellor to give a talk - which was broadcast in two parts on 25/06/2014 and 26/06/2014. The same was again broadcast on Oct:14 / Nov:14. As recognition for the Innovative activities practiced by the FLC, Reserve Bank of India (CAB, Pune) requested the Counselor to make a presentation during the meeting for LDMs and DDMs held on 12th and 13th Feb 2015 at Ernakulum. Their efforts were highly appreciated.
21 CANARA FINANCIAL ADVISORY TRUST BANGALORE PROGRESS REPORT FOR THE MONTH OF APRIL 2014 TO MARCH 2015
SL NO NAME OF THE CENTRE NUMBER OF PEOPLE APR MAY JUNE JULY AUG SEP OCT NOV DEC JAN FEB MAR COUNSEL CONTACTED TOTAL KARNATAKA 1 ALAND COUNSELED ------26 11 37 CONTACTED ------27 1220 1247 1284
2 BAGEPALLY COUNSELED - 78 123 127 97 125 75 87 98 125 115 134 1184 CONTACTED 374 603 1282 1816 1234 1196 1304 1142 1287 1125 1212 2346 14921 16105
3 BASAVAKALYAN COUNSELED ------27 179 218 105 183 712 CONTACTED ------405 1762 1250 936 2282 6635 7347
4 BANGALORE URBAN COUNSELED 232 220 180 170 160 190 140 155 160 170 164 200 2141 CONTACTED 3388 2952 3426 3890 4530 4110 3120 3848 3075 2834 4514 3945 43632 45773
5 CHALLAKERE COUNSELED 597 503 1391 450 - - - - - 370 - 90 3401 CONTACTED 597 503 1391 450 600 1000 665 825 730 400 970 2490 10621 14022
6 CHICKABALLAPURA COUNSELED 388 163 290 99 267 210 181 173 191 121 149 199 2431 CONTACTED 388 1764 1464 - 1793 1154 629 1130 1374 953 1411 2207 14267 16698
7 CHINCHOLI COUNSELED ------56 56 CONTACTED ------380 380 436
8 CHITRADURGA COUNSELED 24 50 57 67 39 45 31 100 143 130 105 145 936 CONTACTED - - - 1583 1014 1180 2335 645 1245 2295 1556 2072 13925 14861
9 CHITTAPURA COUNSELED 20 25 62 43 22 102 86 56 106 128 46 144 840 CONTACTED 640 480 1635 1185 1525 1578 1473 1525 2935 1935 1578 2420 18909 19749
10 DAVANAGERE COUNSELED 54 49 32 39 38 30 35 20 44 161 80 60 642 CONTACTED 415 1336 1860 1033 2340 950 725 1025 3045 1051 1565 4296 19641 20283
11 DEVADURGA COUNSELED ------18 15 - - 25 58 CONTACTED ------264 395 - - 440 1099 1157
12 GOKAK COUNSELED 35 56 151 22 44 45 17 73 42 48 75 66 674 CONTACTED 927 755 1880 2358 1797 3519 1074 2405 2428 3497 1345 3817 25802 26476
13 HAGARI BOMMANAHALLI COUNSELED ------96 139 203 170 115 136 859 CONTACTED ------150 402 525 1050 1262 1803 5192 6051
14 HALIYAL COUNSELED - - - - - 41 39 - 42 58 53 51 284 CONTACTED 1981 935 1409 2912 3071 4628 2433 2349 1230 767 1710 4122 27547 27831
15 HARAPANAHALLI COUNSELED 116 40 52 22 77 - 210 34 21 38 43 58 711 CONTACTED 1274 1022 1252 841 5 - - - - - 123 1736 6253 6964
16 HASSAN COUNSELED 20 21 22 26 27 19 21 53 66 100 113 109 597 CONTACTED 944 752 1315 1851 1784 2988 1193 1373 3442 2248 2301 4664 24855 25452 22 CANARA FINANCIAL ADVISORY TRUST BANGALORE PROGRESS REPORT FOR THE MONTH OF APRIL 2014 TO MARCH 2015
SL NO NAME OF THE CENTRE NUMBER OF PEOPLE APR MAY JUNE JULY AUG SEP OCT NOV DEC JAN FEB MAR COUNSEL CONTACTED TOTAL
KARNATAKA 17 HOSANAGAR COUNSELED 20 20 36 37 37 25 38 38 44 47 80 75 497 CONTACTED 550 550 740 550 1200 800 520 460 530 1700 1120 2840 11560 12057
18 HOSPET COUNSELED 122 283 476 424 447 550 665 380 125 98 69 66 3705 CONTACTED 270 400 500 550 440 250 340 756 725 460 385 1040 6116 9821
19 HUBLI COUNSELED 203 442 75 60 51 89 105 106 143 127 154 201 1756 CONTACTED 513 460 960 1010 1020 780 700 911 445 1232 1154 1695 10880 12636
20 HUMNABAD COUNSELED - - - - - 2 6 24 28 23 31 47 161 CONTACTED - - - - - 285 285 817 1052 1065 1830 1739 7073 7234
21 KOLAR COUNSELED 26 - 47 76 74 204 44 60 101 155 94 75 956 CONTACTED 776 - 654 1569 1564 1564 1277 1860 1832 2125 943 4470 18634 19590
22 MULBAGAL COUNSELED 32 60 38 59 42 56 109 60 109 51 113 91 820 CONTACTED 374 515 2164 2002 943 1448 603 2618 1302 1589 871 2125 16554 17374
23 NARASIMHARAJAPURA COUNSELED 815 998 900 600 1190 905 815 240 230 770 965 - 8428 CONTACTED 1145 1345 1120 790 1510 1140 1100 1008 1170 1175 2230 2075 15808 24236
24 NELAMANGALA COUNSELED 79 89 65 64 30 10 42 45 70 103 70 80 747 CONTACTED 3260 2546 2541 2510 830 833 1103 3103 1444 2006 5992 3921 30089 30836
25 RON COUNSELED 40 30 40 40 45 35 50 48 72 90 92 103 685 CONTACTED 905 830 1420 1010 1105 1014 1065 905 1130 1115 1075 2110 13684 14369
26 SHIGGON COUNSELED 197 205 213 217 205 204 201 188 168 52 49 35 1934 CONTACTED 792 908 1531 1192 1292 1259 1188 964 845 1173 1266 2407 14817 16751
27 SHIMOGA COUNSELED 35 40 61 48 32 30 76 49 58 39 64 46 578 CONTACTED 425 508 1970 1425 4445 1550 2015 1290 1253 1124 1210 2606 19821 20399
28 SINDHANUR COUNSELED 27 71 58 47 48 145 112 159 206 180 150 230 1433 CONTACTED 593 1086 1025 1180 1220 1831 1147 1706 2241 2892 3634 3605 22160 23593
29 SIRA COUNSELED 70 65 167 112 120 134 107 123 80 106 92 100 1276 CONTACTED 675 610 835 1210 1010 1538 1089 1287 1482 1475 1877 3287 16375 17651
30 T NARASIPURA COUNSELED 128 144 163 292 143 712 598 427 333 190 161 256 3547 CONTACTED 167 621 2010 1435 1635 1730 1041 823 998 1530 1191 1418 14599 18146
31 YADGIR COUNSELED ------263 263 CONTACTED ------635 1014 1649 1912
32 YELBURGA COUNSELED 27 26 40 62 64 64 96 88 58 62 140 155 882 CONTACTED 1000 910 1410 1009 1004 1269 1000 1075 1253 730 1098 1668 13426 14308 23 CANARA FINANCIAL ADVISORY TRUST BANGALORE PROGRESS REPORT FOR THE MONTH OF APRIL 2014 TO MARCH 2015
SL NO NAME OF THE CENTRE NUMBER OF PEOPLE APR MAY JUNE JULY AUG SEP OCT NOV DEC JAN FEB MAR COUNSEL CONTACTED TOTAL KERALA 33 ANGAMALY COUNSELED ------40 40 CONTACTED ------872 438 1310 1350
34 ATTAPADDY COUNSELED ------8 7 15 22 12 64 CONTACTED - - - - - 347 - 670 1280 850 408 1400 4955 5019
35 ATHIYANOOR COUNSELED 5 5 8 11 4 47 11 5 150 56 10 12 324
CONTACTED 243 721 2521 842 1429 797 1420 1463 2549 1790 1721 2250 17746 18070
36 BALUSSERY COUNSELED 31 24 16 26 23 49 23 25 28 122 133 12 512 CONTACTED 821 1469 1476 1036 1246 1918 1036 1426 847 1241 570 268 13354 13866
37 CHOWANNUR COUNSELED 19 15 13 4 11 4 5 10 14 15 11 19 140 CONTACTED 85 260 356 1669 1980 406 206 201 324 1191 1179 816 8673 8813
38 IRRITY COUNSELED 19 36 42 48 60 54 32 19 29 66 52 31 488 CONTACTED 229 891 1408 1922 1870 654 1017 1060 806 1052 1618 1215 13742 14230
39 ITHIKKARA COUNSELED - - - - 2 2 2 5 9 40 51 197 308 CONTACTED 451 604 785 914 982 703 1007 1202 1170 1268 1403 4115 14604 14912
40 KUNNAMANGALAM COUNSELED 166 12 29 210 187 86 305 188 333 206 208 438 2368 CONTACTED 306 748 1735 1007 2009 1063 751 1132 1039 856 858 1023 12527 14895
41 MADAPALLY COUNSELED 43 22 45 35 41 33 32 57 51 57 52 61 529 CONTACTED 668 645 1218 1256 2926 1525 1276 2943 1471 1179 2208 3017 20332 20861
42 MALAPPURAM COUNSELED 4 75 74 6 25 22 21 58 46 74 143 156 704 CONTACTED 165 80 1010 1590 1914 270 800 2500 4320 2500 3700 848 19697 20401
43 PALAKKAD COUNSELED 10 16 19 - - 31 178 270 240 32 58 56 910 CONTACTED 117 403 340 - - 106 742 852 702 1094 1360 1436 7152 8062
44 PAMPAKUDA COUNSELED 103 95 15 9 6 7 23 3 1 101 206 227 796 CONTACTED 244 195 1241 1091 725 1916 1314 706 942 1441 1296 1719 12830 13626
45 SULTAN BATHERI COUNSELED 22 10 16 15 16 17 23 21 26 25 50 41 282 CONTACTED 5622 325 2364 909 1090 1907 812 1508 1105 875 2353 3167 22037 22319
46 THODUPUZHA COUNSELED ------78 120 198 CONTACTED ------1073 1450 2523 2721
47 THRISSUR COUNSELED 122 34 69 247 71 38 101 74 158 85 37 38 1074 CONTACTED 426 1672 2713 1701 4243 1785 1226 531 2082 3242 7815 2261 29697 30771
24 CANARA FINANCIAL ADVISORY TRUST BANGALORE PROGRESS REPORT FOR THE MONTH OF APRIL 2014 TO MARCH 2015
SL NO NAME OF THE CENTRE NUMBER OF PEOPLE APR MAY JUNE JULY AUG SEP OCT NOV DEC JAN FEB MAR COUNSEL CONTACTED TOTAL KERALA 48 VELIYANAD COUNSELED 36 15 28 40 34 49 28 30 25 21 25 34 365 CONTACTED 345 150 1076 633 2239 1118 1005 882 550 625 585 2048 11256 11621
* NINE CENTERS OF KGB COUNSELED 416 816 1232 CONTACTED 5647 14376 20023 21255
* NINE CENTERS OF KERALA GRAMIN BANK WERE UNDER THE ADMINISTRATION OF THE TRUST FOR TWO MONTHS
TAMILNAIDU 49 COIMBATORE COUNSELED 57 49 44 49 49 51 62 60 64 58 73 102 718 CONTACTED 2470 1580 1143 1300 1610 1430 2605 2165 1355 1160 1325 3408 21551 22269
50 DINDIGUL COUNSELED 45 51 74 48 22 16 36 45 58 58 92 99 644 CONTACTED 1050 2126 2731 1053 5930 2765 4340 2820 1899 1542 1326 5691 33273 33917
51 ERODE COUNSELED 146 162 160 140 160 160 156 3 3 126 110 110 1436
CONTACTED 760 904 919 1058 1392 1026 1208 1091 1010 1341 1561 2643 14913 16349
52 MADURAI COUNSELED 10 20 20 4 6 6 5 30 32 106 85 102 426 CONTACTED 568 1464 1722 1164 1984 1594 1115 1335 1507 2049 1095 2422 18019 18445
53 OOTY COUNSELED 392 378 433 495 795 510 500 440 703 690 170 183 5689 CONTACTED 503 522 709 930 1340 875 850 610 840 820 1187 1556 10742 16431
54 THENI COUNSELED 281 313 266 297 297 284 288 272 282 290 272 391 3533 CONTACTED 1829 1210 1390 1392 2015 1307 1162 1369 2367 842 1144 2102 18129 21662
55 TIRUPPUR COUNSELED 107 152 120 115 117 125 175 184 191 134 138 350 1908 CONTACTED 740 560 990 1650 1809 1200 1335 1622 1185 2214 1392 2452 17149 19057
56 PUDUKKOTAI COUNSELED 59 105 64 80 90 84 64 76 80 73 64 65 904 CONTACTED 570 515 785 790 590 930 455 1002 668 1025 1100 2045 10475 11379
UTTAR PRADESH 57 AGRA COUNSELED 65 80 80 80 80 89 71 90 91 91 112 153 1082 CONTACTED 979 1470 825 1360 3395 2000 840 3510 2175 2140 1975 3465 24134 25216
58 ALIGARH COUNSELED 17 17 15 19 26 38 24 31 32 - 38 62 319 CONTACTED 519 1092 1147 1098 1845 1890 1529 3886 2157 1034 2463 2841 21501 21820
59 ETAH COUNSELED - - 66 - - 374 395 420 334 309 320 511 2729 CONTACTED - - - - - 2496 2309 3731 2114 1887 4254 4445 21236 23965
25 CANARA FINANCIAL ADVISORY TRUST BANGALORE PROGRESS REPORT FOR THE MONTH OF APRIL 2014 TO MARCH 2015
SL NO NAME OF THE CENTRE NUMBER OF PEOPLE APR MAY JUNE JULY AUG SEP OCT NOV DEC JAN FEB MAR COUNSEL CONTACTED TOTAL
60 HATHRAS COUNSELED 373 20 20 25 69 65 43 39 42 23 64 78 861 CONTACTED 350 676 800 1176 1824 1175 2025 2007 1348 604 2055 1530 15570 16431
61 KASGANJ COUNSELED 189 696 311 173 263 354 276 209 259 171 257 148 3306 CONTACTED 303 696 1259 1497 2573 1972 1554 1690 1448 1688 1069 1976 17725 21031
BIHAR 62 SHEIKPURA COUNSELED 53 89 91 75 116 150 53 78 96 63 60 70 994 CONTACTED 285 1147 561 842 3955 926 430 1230 1805 945 1084 1970 15180 16174
DELHI 63 CENTRAL DELHI COUNSELED - - - 20 ------130 150 CONTACTED - - - 850 950 1270 1040 1600 1170 1160 1130 1250 10420 10570
64 NEW DELHI COUNSELED - - - 932 - - - - 47 57 212 74 1322 CONTACTED - - - 932 2655 1465 1134 1341 5396 1317 540 1815 16595 17917
65 WEST DELHI COUNSELED ------245 245 CONTACTED ------108 108 353
TOTAL 48702 50685 75895 79492 116492 85147 73044 90726 95372 88862 107456 155307 79831 987349 1067180
26 Canara Financial Advisory Trust
Financial Literacy Centers monitored by Canara Financial Advisory Trust, Bengaluru as on 31.03.2015
Center Name of the Financial Counselor SlNo. District Address Opened on Mob/E-mail id
1. Agali Palakkad Financial Counselor Sri K.Shanmugam Pillai 02.03.2014 Mob : 09446351052 ‘Amulya’ Financial Literacy Centre Landline : Agali , PO Attappady Email : [email protected] Palakkad -678581.
2. Agra Agra Financial Counselor Sri R P Goyal 19-11-2011 ‘Amulya’ Financial Literacy Centre Mob : 09358147336 Shop No. 4&5, Solanki Market Landline : 0562 4007336 Opp. Padam Chand Jain Institute Email : [email protected] Khandari, Agra -282002
3. Aland Gulburga Financial Counselor, Sri Ashok V Malli 02.02.2015 ‘Amulya’ Financial Literacy Centre Mob : 09916303999 Landline : 08477 202018 Near Hanuman Temple Email : [email protected] Aland -585302 Gulbarga Dist
4. Aligarh Aligarh Financial Counselor, Sri H C Pandey 19-11-2011 ‘Amulya’ Financial Literacy Centre Mob : 07895226282 Ganga Jawahar Colony Landline : Ramghat Road, Aligarh -202001 Email : [email protected]
5. Angamaly Ernakulam Financial Counselor, Sri N.A. Rajan 19-01-2015 ‘Amulya’ Financial Literacy Centre Mob : 09446343824 Landline : 0484 2453635 Canara Bank, Icon towers, Email : [email protected] M.C. Road, Angamaly, Kerala - 683572
6. Athiyanoor Trivandrum Financial Counselor, Sri K Sivaraman 31.7.2013 ‘Amulya’ Financial Literacy Centre Mob : 09349836622 A P 16/162 , Asha bhavan Landline : 0471 2222625 Kamukinkode, Kodangavila P. O. Email : [email protected] Trivandrum -695123
7. Bagepally Chikkaballapur Financial Counselor, Sri P Sanjeevappa 10.4.2014 ‘Amulya’ Financial Literacy Centre Mob : 09845271505 Panchayath Soudha Landline : 08150 282020 Email : [email protected] Taluk panchayath office Premises Bagepally -561207
27 Annual Report 2014-15
Center Name of the Financial Counselor SlNo. District Address Opened on Mob/E-mail id
8. Balusery Calicut Financial Counselor, Sri N P Radhakrishnan 19-11-2011 ‘Amulya’ Financial Literacy Centre Mob : 09495032232 Ist Floor, Jaya Arcade, Post Office Raod, Landline : 0496 2237384 Email : [email protected] Balussery-673612. Calicut District.
9. Bengaluru Urban Bengaluru Urban Financial Counselor, Sri K S B Karanik 19-11-2011 ‘Amulya’ Financial Literacy Centre Mob : 09480032265 Ground Floor, Bengaluru Urban Landline : 080 26716974 Zilla Panchayat Building Email : [email protected] Banashankari, Bengaluru-560070.
10. Basavakalyan Bidar Financial Counselor, Sri Vasudev Mankal 10.11.2014 ‘Amulya’ Financial Literacy Centre Mob : 09845653830 I Floor, Reddy complex, Opp. Jyothi Gas Agency Landline : 08481 251081 Basavakalyan-585327 Email : [email protected] Bidar District
11. Central Delhi Central Delhi Financial Counselor, Sri Ashok Shalley 15.7.2014 ‘Amulya’ Financial Literacy Centre Mob : 09312791478 212, Rouse Avenue, 1st Floor Canara Bank, LDM Central Office Landline : 011 23236310 DDU Marg , New Delhi - 110002 Email : [email protected]
12. Challakere Chitradurga Financial Counselor, Sri K Rajashekarappa 17.03.2013 ‘Amulya’ Financial Literacy Centre Mob : 09945131280 T B Circle, Taluk Panchayat Office Landline : 08195250059 Email : Challakere- 577522 [email protected] Chitradurga District
13. Chickaballapura Chickaballapura Financial Counselor, Sri M G Gangaramaiah 19-11-2010 ‘Amulya’ Financial Literacy Centre Mob: 09740287341 No.387/354, KSRTC Garage Road Landline : 08156 270102 Vapasandra, Chickaballapura-562101 Email : [email protected]
Financial Counselor, 14. Chincholi Gulbarga Sri Gunde Rao M kulkarni ‘Amulya’ Financial Literacy Centre 03.02.2015 Mob : 09886189526 Next to Indian Electronic Shop Landline : 08475 273807 Syed Mustafa Building Email : [email protected] Opp. KSRTC Depot, Chincholi-585305
28 Canara Financial Advisory Trust
Center Name of the Financial Counselor SlNo. District Address Opened on Mob/E-mail id
15. Chitradurga Chitradurga Financial Counselor, Sri Rajashekaraiah S 19-11-2010 ‘Amulya’ Financial Literacy Centre Mob : 09845444624 Stree Shakthi Complex Landline : 08194 220848 Opp: Canara Bank, P B Road Email : Chitradurga – 577501 [email protected]
16. Chittapur Gulbarga Financial Counselor, Sri Ratikanth kalekere. 30.09.2013 ‘Amulya’ Financial Literacy Centre Mob : 09945482433 TMC no.1-6-129, I floor Landline : 08484 236521 Email : [email protected] Hotel Srinivas Lodging & Boarding Complex Shahabad Road, Chittapur - 585211
17. Chowannur Thrissur Financial Counselor, Sri Balachandra Menon K. 31.7.2013 ‘Amulya’ Financial Literacy Centre Mob : 09447671332 2/666, P.K.Shopping Complex Landline : 04885 227838 (Ground floor) Near Koonamuchi Peoples’ Email : [email protected] Service coop Bank ltd.Choondal Circle PO Choondal – 680502.
18. Coimbatore Coimbatore Financial Counselor, Sri K Poobalan 19-11-2011 ‘Amulya’ Financial Literacy Centre Mob : 09443566852 Room No.101, (2nd Floor) Landline : 0422 2522525 G P Complex Building Email : [email protected] Sathy Road, Gandhipuram Coimbatore-640012
19. Davanagere Davanagere Financial Counselor, Sri Raghunatha Rao Tapse 19-11-2011 ‘Amulya’ Financial Literacy Centre Mob : 09945595929 No.164/01, 3rd Main Landline : 08192 231232 Email : [email protected] PJ Extension, Davanagere-577002
20. Deodurga Raichur Financial Counselor, Sri D Hussainappa 3.5.2013 ‘Amulya’ Financial Literacy Centre Mob : 09611492388 Landline : Taluk Panchayat Office Email : [email protected] Deodurga -584113, Raichur Dist
21. Dindigul Dindigul Financial Counselor, Sri T. Mohanraj 19-11-2010 ‘Amulya’ Financial Literacy Centre Mob : 090430 33321 21, Chatram Street, S S Tower II Floor, Landline : 0451 2426760 Email : [email protected] Dindigal-624001
29 Annual Report 2014-15
Center Name of the Financial Counselor SlNo. District Address Opened on Mob/E-mail id
22. Erode Erode Financial Counselor, Sri R.Muruganandam 19-11-2010 ‘Amulya’ Financial Literacy Centre Mob : 094430 26466 I Floor, 13/1, SKCRoad, Landline : 0424 2216943 Opp. Telephone Bhavan Email : [email protected] Erode-638107
23. Etah Etah Financial Counselor, Sri Sundar Lal 19-11-2011 ‘Amulya’ Financial Literacy Centre Mob : 09758040230 Canara Bank, 2nd Floor Landline : 05744 244613 Email : [email protected] Lead Bank Office,Civil Lines Etah-207001 U P
24. Gokak Belgaum Financial Counselor, Sri C.D.Hanji 23-09-2013 ‘Amulya’ Financial Literacy Centre Mob : 09482529714 1/7, Kesari Building, Landline : 08332 226446 Email : behind Dr. Hosamani Hospital [email protected] Basavanagar, Gokak - 591307
Financial Counselor, 25. Hagaribommanahalli Sri N. Somappa 25.09.2014 ‘Amulya’ Financial Literacy Centre Mob: 09448544736 Bellary Taluk Panchayat Office Landline : 08397 238300 Hagaribommanahalli-583212 Email : [email protected]
26. Haliyal Financial Counselor, Sri Gangappa H Nagavi Uttara Kannada 23.10.2013 ‘Amulya’ Financial Literacy Centre Mob : 09902681787 Landline : 08284 221661 Market Main Road, Email : [email protected] Haliyal-581329.
27. Harapanahalli Davangere Financial Counselor, Sri S G Sangappa 03.05.2013 ‘Amulya’ Financial Literacy Centre Mob: 09880562861 Landline : Taluk Panchayat Office Email : [email protected] Harapanahalli - 583131
28. Hassan Hassan Financial Counselor, Sri Basavarajappa K. 19-11-2011 ‘Amulya’ Financial Literacy Centre Mob : 09945254698 Landline : 08172 235078 Taluk Panchayat Building Email : [email protected] B M Road, Hassan-573201.
30 Canara Financial Advisory Trust
Center Name of the Financial Counselor SlNo. District Address Opened on Mob/E-mail id
29. Hathras Hathras Financial Counselor, Sri M M Saraswath 19-11-2011 ‘Amulya’ Financial Literacy Centre Mob : 09412173637 Mijumal Gilamal Compound Landline : 0452 2537725 Near Kothwali Email : [email protected] Hathras U P - 204101
30. Hosanagar Shivamogga Financial Counselor, Sri B R Krishnamurthy 13.9.2013 ‘Amulya’ Financial Literacy Centre Mob : 09449652205 Besides Canara Bank Landline : 08185 221077 Shivamogga road Email : [email protected] Hosanagar -577418
31. Hospet Bellary Financial Counselor, Sri S K Chandrashekar Setty 20.10.2013 ‘Amulya’ Financial Literacy Centre Mob : 09449652205 No. 29, Shop no.2 , 1ST floor Landline : 08394 223145 Email : [email protected] Byalal Complex , Dam Road Hospet -583203.
32. Hubbali Dharwar Financial Counselor, Sri M. F. Arer 16.9.2013 ‘Amulya’ Financial Literacy Centre Mob : 09900484665 Shop no.6 , Dharwarkar Complex Landline : 0839 2377665 Opposite Hosur KSRTC Bus Depot Email : [email protected] Vidyanagar , Hubli - 580021.
33. Humnabad Bidar Financial Counselor, Sri B N Kamalakar 18.09.2014 ‘Amulya’ Financial Literacy Centre Mob : 09449649481 APMC Yard, Plot No. 40 Landline : 08483 270489 Humnabad- 585330 Email : [email protected]
34. Irrity Kannur Financial Counselor, Sri K.Vijayan 31.7.2013 ‘Amulya’ Financial Literacy Centre Mob : 09895272775 KCP, 2/65A-8-9 Landline : 0490 2432200 Email : [email protected] Near Govt HSS, Chavassery -670702
35. Ithikkara Kollam Financial Counselor, Sri RajKumar D 31.7.2013 ‘Amulya’ Financial Literacy Centre Mob : 09349758358 C P /XIV/293, M.L.A. Junction Landline : 0474 6900100 Email : P.O., Nedungolam Kollam, Kerala -691334 [email protected]
31 Annual Report 2014-15
Center Name of the Financial Counselor SlNo. District Address Opened on Mob/E-mail id
36. Kasganj Kasganj Financial Counselor, Sri Umesh Chandra Gupta 19-11-2011 ‘Amulya’ Financial Literacy Centre Mob : 09719358894 Near Rajendar Bohre’s Shop, Landline : 0574 4247066 Nadarayee Gate Kasganj - 207123 Email : [email protected] (Kashiramnagar), (U P)
37. Kolar Kolar Financial Counselor, Sri K Satyanarayana Gupta 19-11-2010 ‘Amulya’ Financial Literacy Centre Mob : 094480033111 No.269, 2nd Cross Landline : 08152 220269 Email : [email protected] New Extension, Near Doomlight Circle Kolar-563101
38. Kunnamangalam Calicut Financial Counselor, Sri K. P. Prabhakara Nair 31.7.2013 ‘Amulya’ Financial Literacy Centre Mob : 09447920020 I st floor, KP/14/175, Laxmi Apartments Landline : 0495 2805777 Mukkam Road, Email : [email protected]. Kunnamangalam- 673571
39. Madurai Madurai Financial Counselor, Sri Balasubramanian S. 19-11-2010 ‘Amulya’ Financial Literacy Centre Mob : 09443440613 Poomalai Vaniga Valayam Landline : 0452 2537725 Email : Near Anna Bus Stop, Madurai-625020 [email protected]
40. Madapally Kottayam Financial Counselor, Mrs Annieamma Job 31.7.2013 ‘Amulya’ Financial Literacy Centre Mob : 09495803746 Plammottil Building, Perumpanachy Landline : 0481 2473322 P.O.Thengana, Email : [email protected] Kottayam District- 686536
41. Malappuram Malappuram Financial Counselor, Sri P P Madhavan 19-11-2010 ‘Amulya’ Financial Literacy Centre Mob : 09446248660 Kalappadan Building, 1st floor, Landline : 0483 2732300 Email : [email protected] Tirur Road, Mylappuram Malappuram -676519
42. Mulbagal Kolar Financial Counselor, Sri D V Laxminarayana 01.04.2014 ‘Amulya’ Financial Literacy Centre Mob : 09901017007 Taluk Panchayat Office Bldg. Landline : 08159 246247 Email : [email protected] Mulbagal - 563131
32 Canara Financial Advisory Trust
Center Name of the Financial Counselor SlNo. District Address Opened on Mob/E-mail id
43. Narasimharajapura Chikkamagalur Financial Counselor, Sri H G Suresh 5.12.2013 ‘Amulya’ Financial Literacy Centre Mob : 08277136036 Landline : 08266220257 Sunkadakatte, Agrahara Main Road email : [email protected] Narasimharajapura Town Chikkamagalur Dist--577134
44. Nelamangala Bengaluru Financial Counselor, Sri Lakshminarayan T.
19.11.2010 Rural ‘Amulya’ Financial Literacy Centre Mob : 09886303245 Landline : 080 2772 3842 Besides J P Hospital Complex, Email : [email protected] B H Road, Nelamangala - 562123
45. New Delhi New Delhi Financial Counselor, Sri Tej Krishna Raina 15.07.2014 ‘Amulya’ Financial Literacy Centre, Mob : 09811764767 Landline : 011 23320138 74, Canara Bank, LDM New Delhi Office Email : [email protected] Janapath, New Delhi - 110001
46. Ooty Ooty Financial Counselor, Sri Mathan L. 19-11-2011 (Nilgiris) ‘Amulya’ Financial Literacy Centre Mob : 09442720291 Landline : 0423 2449044 8/10, USSS Animation Centre Email : [email protected] Charing Cross, Ooty-643001.
47. Palakkad Palakkad Financial Counselor, Sri Velayudhan M. V. 19-11-2011 ‘Amulya’ Financial Literacy Centre Mob : 09495487762 18 ASR Plaza, II Floor, Opp. Priyadarshini Landline : 0491 2534264 Email : [email protected] Theatre, Railway Station Road Palakkad-678001
48. Pampakuda Ernakulam Financial Counselor, Sri Ashok Kumar S 31.7.2013 ‘Amulya’ Financial Literacy Centre Mob : 09446975243 5/567 B, Mankidiyil Building Landline : 04852 242230 Email : [email protected] Opp. S.B.I., Near Post Office Piravom- 686664
49. Pudukottai Pudukottai Financial Counselor, Sri M. Kannaiya 13.03.2014 ‘Amulya’ Financial Literacy Centre Mob : 09443838531 2/52 , Ootrukeni Street Landline : 04333 274342 Thirumayam, Pudukottai- 622507. Email : [email protected]
33 Annual Report 2014-15
Center Name of the Financial Counselor SlNo. District Address Opened on Mob/E-mail id
50. Ron Gadag Financial Counselor, Sri V. G. Aiyyanagouda 16.9.2013 ‘Amulya’ Financial Literacy Centre Mob : 09902517580 Landline : 08381 267890 R.G.Kinnal Bldg. 4th Cross Email : [email protected] Sivapet, Near Siddharudha Math Sudi Road , Ron-582209.
51. Sheikpura Sheikpura Financial Counselor, Sri Ram Ujagar Singh 19-11-2010 ‘Amulya’ Financial Literacy Centre Mob : 08298476811 Prince Market Landline : 06341 223292 Email : [email protected] Chandni Chowk Sheikpura-811105 (Bihar) 52. Shiggaon Haveri Financial Counselor, Sri N.R. Khainnavar 16.9.2013 ‘Amulya’ Financial Literacy Centre Mob : 09902347826 S.M.Bevinmarada Complex Landline : 08378 255826 Email : Near old Bus stand [email protected] Shiggaon - 581 205. 53. Shivamogga Shivamogga Financial Counselor, Sri D Annappa 19-11-2011 ‘Amulya’ Financial Literacy Centre Mob : 09448147946 Room No.22, Raitha Bhavana Landline : 08182 250052 APMC Yard, Sagar Road Email : [email protected] Shivamogga-577201 54. Sindhanur Raichur Financial Counselor, Sri B B Hugar 18.3.2014 ‘Amulya’ Financial Literacy Centre Mob: 09900933161 Landline : 08535 223399 Sannginna complex, Janata Colony Email : Sindhanur -584128 [email protected] 55. Sira Tumkur Financial Counselor, Sri Shivanna R 24.8.2013 ‘Amulya’ Financial Literacy Centre Mob : 09448956401 Landline : 08135 276644 Taluk panchayath office bldg. Email : [email protected] Sira-572137.
56. Sultan Batheri Wayanad Financial Counselor, Sri T C Prabhakaran (Wayanad) ‘Amulya’ Financial Literacy Centre Mob : 09446259283 19-11-2010 Ist Floor, XV.561 Landline : 04936 246120 Email : [email protected] High School Road Meenangadi-673591.
57. Theni Theni Financial Counselor, Sri P Ramachandran 19-11-2011 ‘Amulya’ Financial Literacy Centre Mob : 09442155980 14, Poomalai Complex Landline : 04546 260980 Email : [email protected] Opp: Taluk Office Complex Theni-625531
34 Canara Financial Advisory Trust
Center Name of the Financial Counselor SlNo. District Address Opened on Mob/E-mail id
58. Thodupuzha Idukki Financial Counselor, Sri P K Vijayakumar 14.01.2015 ‘Amulya’ Financial Literacy Centre Mob : 09497643248 Landline : 04862 220373 Canara bank, Puthiyakunnel Bldg, Email : [email protected] Kanjuramattam bypass Road, Thodupuzha - 685584
59. Thrissur Thrissur Financial Counselor, Sri V.R.Ramachandran 19-11-2010 ‘Amulya’ Financial Literacy Centre Mob : 092875 34893 Landline : 0487 2321116 29/670, Shornur Road Email : [email protected] Thrissur-680022.
60. T. Narasipura Mysore Financial Counselor, Sri S M Chandrashekar 30.9.2013 ‘Amulya’ Financial Literacy Centre Mob : 09242702428 Shridhar krupa, Dasanayakara street Landline : 08227 260005 Email : [email protected] Near Canara Bank, T Narasipura-571124 61. Tiruppur Tiruppur Financial Counselor, Dr P Kuppuswamy 19-11-2011 ‘Amulya’ Financial Literacy Centre Mob : 09444051673 Kovai Departmental Store Landline : 0421 2255673 Email : [email protected] Building, II Floor, Avinashi Road Anupparpalayam, Tiruppur-641652
62. Veliyanad Alappuzha Financial Counselor, Sri R Soman 31.7.2013 ‘Amulya’ Financial Literacy Centre Mob : 09446534636 Landline : 0477 2753007 Veliyanadu, PO, Kidangara – 686102. Email : [email protected]
63. West Delhi New Delhi Financial Counselor, Sri Sushil Kumar Gupta 15.07.2014 ‘Amulya’ Financial Literacy Centre Mob : 09911148124 Landline : 011 25971079 Canara Bank LDM Office West, Email : [email protected] II Floor, J-6, Community Center, Rajouri Garden, New Delhi - 110027
64. Yelburga Koppal Financial Counselor, Sri K. Andappa 03.05.2013 ‘Amulya’ Financial Literacy Centre Mob : 09448973632 Taluk Panchayat Office Landline : 08534 220054 Yelburga 583236 Email : [email protected] Kopal District
65. Yadgir Yadgir Financial Counselor, Sri Shaikh Abdul Khalik 04.02.2015 ‘Amulya’ Financial Literacy Centre Mob : 09916269274 Landline : 08473 253890 C/o. PKGB Bank, Regional Office, Email : [email protected] Hosalli Road, Yadgir-585202
35 Annual Report 2014-15
CANARA FINANCIAL ADVISORY TRUST BALANCE SHEET AS AT 31.3.2015
LIABILITIES Rs. Ps. Rs. Ps.
GENERAL FUND: Opening Balance 2,444,281 Add :Excess of Income over Expenditure for the year 3,994,912
Add:Transfer from Infrastructure Fund towards Acquistion of Fixed Assets 65,242 ______6,504,435
INFRASTRUCTURE FUND: Opening Balance 65,242 Less: Amount transfered to General Fund 65,242 ______-----
6,504,435
for CANARA FINANCIAL ADVISORY TRUST
PLACE: BANGALORE DATE : 03.06.2015 MANAGING TRUSTEE
36 Canara Financial Advisory Trust
CANARA FINANCIAL ADVISORY TRUST BALANCE SHEET AS AT 31.3.2015
ASSETS Rs. Ps. Rs. Ps.
CURRENT ASSETS, LOANS and ADVANCES CASH ON HAND 20,434 CASH AT BANKS: Canara Bank and Pragathi Krishna Gramin Bank 4,597,465 ______4,617,899
ADVANCES AND DEPOSITS: Telephone Deposit 18,419 Water Deposit 300 Rent Deposit 339,700 ______358,419
FIXED ASSETS: As Per Schedule 1,528,117
______6,504,435
Verified and found correct
(N.SHANTHARAM) CHARTERED ACCOUNTANT
37 Annual Report 2014-15
CANARA FINANCIAL ADVISORY TRUST INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31.3.2015
EXPENDITURE Rs. Ps. Rs. Ps.
To Salary Paid 15,755,701 " Rent 2,239,679 " Travelling & Conveyance 2,434,893 " Printing & Stationery 444,744 " Telephone Charges 532,638 " Office Maintenance 294,701 " Postage 94,375 " Electricity & Water 82,048 " Web Maintenance 200,450 " Vehicle Maintenance 153,310 " Computer Maintenance 30,342 " Professional Fees 32,000 " Consultancy Fees Paid 692,652 " Audit Fees 164,456 " Newspaper & Periodicals 165,094 " Programme Expenses 78,000 " Meeting Expenses 25,903 " Training Expenses 237,718 " Repairs Maintenance 49,669 " Provident Fund 377,176 " Rates and Taxes 3,500 " Publicity Expenses 109,153 " Bank Charges 4,257 " Miscellaneous Expenses 317,403 " Depreciation Written off: 808,932 Excess of Income over Expenditure for the year 3,994,912 ______29,323,706
38 Canara Financial Advisory Trust
CANARA FINANCIAL ADVISORY TRUST INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31.3.2015
INCOME Rs. Ps. Rs. Ps.
By Amount received from Sponsor Bank Recurring 26,627,514
" Contributions: Pragathi Krishna Gramin Bank 2,206,629 Kerala Gramin Bank 394,720 ______2,601,349
" Interest Received 90,061 Miscellaneous Receipts 4,782
______29,323,706
39 Annual Report 2014-15
CANARA FINANCIAL ADVISORY TRUST RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31.3.2015
RECEIPTS Rs. Ps. Rs. Ps.
Opening Balance: Cash on Hand 16,683 Canara Bank: As per List 704,558 and PKGB ______721,241 Amount received from Sponsor Bank Recurring 26,627,514 Contributions: Pragathi Krishna Gramin Bank 2,206,629 Kerala Gramin Bank 394,720 ______2,601,349 Interest Received 90,061 Miscellaneous Receipts 4,782 Profession tax 64,650 EPF 356,508 Rent Advance returned 19,500 Sabara 9,000
Balance C/f 30,494,605
40 Canara Financial Advisory Trust
CANARA FINANCIAL ADVISORY TRUST RECEIPTS & PAYMENTS ACCOUNT FOR THE YEAR ENDED 31.3.2015
PAYMENTS Rs. Ps. Rs. Ps.
Salary Paid 15,755,701 Rent 2,239,679 Travelling & Conveyance 2,434,893 Printing & Stationery 444,744 Telephone Charges 532,638 Office Maintenance 294,701 Postage 94,375 Electricity Charges 82,048 Web Maintenance 60,135 Vehicle Maintenance 153,310 Computer Maintenance 30,342 Professional Fees 32,000 Consultancy Fees Paid 692,652 Audit Fees 164,456 Newspaper & Periodicals 165,094 Programme Expenses 78,000 Meeting Expenses 25,903 Training Expenses 237,718 Repairs Maintenance 49,669 EPF 733,684 Rates & Taxes 3,500 Publicity Expenses 109,153 Bank Charges 4,257 Miscellaneous Expenses 317,403 Profession Tax 64,650 Deposits & Advance Telephone Deposit 2,530 Rent Advance 121,000 Advance Returned 11,832 ______135,362 Addition to Fixed Assets: Fan 6,570 Furniture 221,087 Computer 712,982 ______940,639 Closing Balance: Cash 20,434 Canara Bank - As per List 4,597,465 and PKGB ______4,617,899
30,494,605
41 Annual Report 2014-15
PHOTO GALLERY
FLC Chikkabalapura
FLC Chowannur
FLC Gokak
FLC Dindigul
42 Canara Financial Advisory Trust
FLC Hathras
FLC Hosanagar
FLC Theni
FLC Sira
43 Annual Report 2014-15
FLC Sindhannur
FLC Nelamangala
FLC New Delhi
FLC Kasganj
44 Canara Financial Advisory Trust
FLC Balussery
FLC Iritty
FLC Challakere
FLC Palakkad
45 Annual Report 2014-15
Visit of Sri B Hardish Kumar, Executive Director to FLC Chitradurga along with Sri S. S. Bhat, Chief Genera Manager and Sri B Shivaram, Deputy General Manager, Shivamogga
46 Canara Financial Advisory Trust
ACKNOWLEDGEMENT
We acknowledge the support, guidance and co-operation extended by our Sponsor Banks, Canara Bank, Priority Credit and Financial Inclusion Division, HO Bangalore, Circle Offices, Lead District Managers and Pragathi Krishna Gramin Bank, Bellary in facilitating the smooth and effective functioning of the Canara Financial Advisory Trust and the various Financial Literacy Centers across the country. We also acknowledge the support and guidance extended by Officials of Reserve Bank of India, NABARD, National Academy of RUDSETI, Bangalore, BIRD Lucknow/Mangalore and the various State Governments. We acknowledge the contribution of various members of the Local Monitoring Committees across the country. We acknowledge the efforts put in by our Financial Counselors and their Office Assistants as also the Staff at CFAT Bangalore in administering the day to day activities of the Trust/ Centers. Our thanks are also due to all those who have directly or indirectly helped, assisted and guided us.
M. AKSHAYA KUMAR MANAGING TRUSTEE
47 Annual Report 2014-15
Inaguration of workshop on Financial Literacy by Sri S S Bhat, Chief General Manager, Canara Bank in presence of Sri M Akashya Kumar, Managing Trustee and Dr. Madhura M Chatrapathi, Trustee and Facaulties of NARUDSETI
Opening of Financial Literacy Centers of Delhi by Smt. Rachana Dikshit, General Manager, RBI. Shri M Akshaya Kumar, Managing Trustee and Shri Hemath Kumar Tamta, General Manager, Canara Bank, CO Delhi were present on the occasion.
48