ANNUAL REPORT 2015-16

Jnana Jyothi Financial Literacy and Credit Counselling Trust (Jointly sponsored by Syndicate Bank and Vijaya Bank) Registered Office: Syndicate Bank Head Office Building MANIPAL – 576 104 Website: www.jnanajyothiflcc.com e-mail: [email protected] Tel: 91-820 2570172 Fax: 91-820 2570965 VISITS OF DIGNITARIES

Sri Arun Shrivastava, Managing Director & CEO of Syndicate Bank visited Central Secretariat of Jnana Jyothi FLCC Trust on 25.06.2015. Others seen are Sri T.V. Bhat, Managing Trustee, Sri K. Santhosh Kamath, GM & Sri K.T. Rai, Field GM of Syndicate Bank, Dr. Ramachandra Kamath, Trustee and members of staff of the Trust

Sri M.S. Mahabaleshwar Bhat, CGM of Karnataka Bank visited Tiptur During the visit of Sri Laxmipathi, AGM, RBI Bengaluru, Puttur FLC has FLC along with Sri Gopal S. Parvathi, AGM on 22.02.2016 conducted a Workshop for members of Self Help Groups at Kabaka Grama Panchayat Hall on 23.03.2016

Sri A.V. Ravindra Prasad, AGM, NABARD and Sri M. Mathura FLC in association with LDO Mathura organized FL Camp at Muralidhar, Manager, RBI visited our Kalyanadurgam Paitha Gaon on 11.02.2016 which was attended by Sri Samir Samantara, FLC on 08.07.2015 DGM, NABARD, Sri Deepak Narang, AGM, RBI, and other dignitaries

FL programme at Neelakeni Girls’ High School by Sirsi Ms. B.B. Sarojini, AGM, RBI, Hyderabad visited Kurnool Sri J. Ramesh Babu, AGM, NABARD visited the Naidupeta FLC on 30.11.2015. Sri Laxmipathi, AGM, RBI Bengaluru FLC on 08.05.2015 FLC on 03.06.2015 addressed the students BOARD OF TRUSTEES

SRI I.N. RAGHAVENDRA BHAT Managing Trustee

SRI H. SURESH PRABHU SRI SATHEESHA A.S. DR. RAMACHANDRA KAMATH Trustee Trustee Trustee

SRI N.T. HEGDE Secretary

01 INAUGURATION OF NEW FINANCIAL LITERACY CENTRES

Shikaripura FLC on 14.05.2015 by Sri G Lohit, Naidupeta FLC on 01.06.2015 by Sri G. Siva Shankar Kandukur FLC on 17.07.2015 by Sri D. Sampath Executive Officer of Taluk Panchayat, Shikaripura Reddy, RM of APG Bank Kumar Chary, Chairman of APG Bank

Alur FLC on 21.08.2015 by Sri Siddaraju, Project Arsikere FLC on 28.08.2015 by Sri K.M. Shivalinge Sakaleshpur FLC on 29.10.2015 by Smt. K.A. Director, DRDA, Hassan Gowda, MLA, Arsikere Lolakshi, President, Taluk Panchayat, Sakaleshpur

Sringeri FLC on 11.12.2015 by Sri T.V. Bhat, Raibag FLC on 15.12.2015 by Sri Aditya Mavinakurve, Jamakhandi FLC on 16.12.2015 by Sri Narayana Yaji, Managing Trustee of JJFLCC Trust AGM (DD) of NABARD RM of KVG Bank, Bagalkot

Holalkere FLC on 22.12.2015 by Sri Radhakrishnan Prithla FLC on 28.03.2016 by Sri S.M. Gorabal, RM of Farrukhnagar FLC on 29.03.2016 by Sri S.M. Gorabal, Nair, CM of Syndicate Bank, RO, Shivamogga Syndicate Bank, Faridabad RM of Syndicate Bank, Faridabad

Sri Vivek Deep, General Manager, FIDD, Reserve Bank of India, Bengaluru addressing the Financial Literacy Counselors at the 2-Day Training Programme held at Syndicate Institute of Bank Management, Manipal on 25.09.2015. Others seen are (from R to L) Sri T.V. Bhat, Managing Trustee, Sri K. Bijumani, DGM & Principal of SIBM, Sri Satheesha A.S., Trustee, Sri B.R. Hiremath, AGM of Syndicate Bank, CO, Bengaluru, Sri K. Subba Rao, LDCM, Syndicate Bank, Udupi, Dr. Ramachandra Kamath, Trustee and Faculty Members of SIBM & Financial Literacy Counselors 02 ANNUAL REPORT 2015-16

FINANCIAL INCLUSION Financial inclusion or inclusive financing is the delivery of financial Reserve Bank of India continued its efforts towards universal services at affordable costs to sections of disadvantaged and financial inclusion. Given the boost provided by the Pradhan low-income segments of society, in contrast to financial exclusion Mantri Jan Dhan Yojana (PMJDY) in August 2014, considerable where those services are not available or affordable. Financial banking penetration has occurred, particularly in rural areas. Inclusion has been embedded as an objective of economic policy However, significant number of banking outlets operates in in India since independence. Financial inclusion ranks high in branchless mode through Business Correspondents (BCs)/ the list of priorities of Reserve Bank of India. Accordingly, Banks Business Facilitators (BFs). Dominance of BCs in the rural were encouraged to pursue Board-approved 3-year Financial areas can be gauged from the fact that almost 91 per cent of the Inclusion Plan (FIP) for the period 2013-2016 to cover the un- banking outlets were operating in branchless mode as on March banked villages with population of less than 2000 by March 2016. 31, 2015.

Financial Inclusion – Progress at a glance Year ended Year ended Year ended Progress April Particulars Mar 2010 Mar 2014 Mar 2015 2014-Mar 2015 Banking Outlets in Villages - Branches 33,378 46,126 49,571 3,445 Banking Outlets in Villages – Branchless mode 34,316 3,37,678 5,04,142 1,66,464 Banking Outlets in Villages – TOTAL 67,694 3,83,804 5,53,713 1,69,909 Urban Locations covered through BCs 447 60,730 96,847 36,117 BSBD Accounts (in million) 73.5 242.9 398.1 155.2 BSBD Accounts (Amount in ` billion) 55.0 312.3 439.6 127.3 OD facility availed in BSBD A/c (No. in million) 0.2 5.9 7.6 1.7 OD facility availed in BSBD A/c (Amount in ` billion) 0.1 16.0 19.9 3.9 KCCs (No. in million) 24.3 39.9 42.5 2.6 KCCs (Amount in ` billion) 1,240.1 3,684.5 4,382.3 697.8 GCC (No. in million) 1.4 7.4 9.2 1.8 GCC (Amount in ` billion) 35.1 1,096.9 1,301.6 204.7 ICT A/cs-BC Transaction (No. in million)* 26.52 328.6 477.0 477.0 ICT A/cs-BC Transaction (Amount in ` billion)* 6.9 524.4 859.8 859.8 *during the financial year Source: RBI Annual Report 2014-15 As on December 9, 2015, 195.2 million accounts have been Initiatives of Government of India: opened and 166.7 million RuPay debit cards have been issued With the inception of PMJDY, Government of India have under PMJDY. The scheme was launched on 28th August, 2014 accorded top priority to the pursuit of financial inclusion. To with the objectives of providing universal access to banking increase the penetration of insurance and pension coverage facilities, providing basic banking accounts with overdraft facility in the country, the Government of India have launched some and RuPay Debit card to all households, conducting financial social security and insurance schemes, i.e., Pradhan Mantri literacy programmes, creation of credit guarantee fund, micro- Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima insurance and unorganized sector pension schemes. The Yojana and Atal Pension Yojana in May 2015. As on December objectives are expected to be achieved in two phases over a 16, 2015, 92.6 million beneficiaries have been enrolled under period of four years up to August 2018. Banks are also permitted the Pradhan Mantri Suraksha Bima Yojana and 29.2 million have to avail of Reserve Bank’s scheme for subsidy on rural ATMs. been enrolled under Pradhan Mantri Jeevan Jyoti Bima Yojana. The objectives of the Financial Inclusion Plan (FIP) spearheaded Further, 1.3 million account holders have been enrolled under by the Reserve Bank and PMJDY are congruent to each other. Atal Pension Yojana. To ensure extension of banking facilities to all unbanked villages, In order to integrate Financial Literacy with Skill Development, about 4.90 lakh unbanked villages with population of less than Government of India have advised the Banks to map the Industrial 2,000 were identified by RBI and were allotted to Banks for Training Institutes - Government & Private, Vocational Training coverage under the on-going Phase II of the roadmap for provision Partners and Operational Centres with Financial Literacy Centres of banking facilities in unbanked villages. It is reported that more & Bank Branches. FLCs and Banks are required to provide free than 3.90 lakh villages were covered by 14,207 branches, 3.58 financial literacy on various financial products & services and lakh BCs and 18,324 other modes, such as ATMs, Mobile Van create awareness on the advantages of being connected with etc. the formal banking system. This will further enhance the career

03 prospects and result in creation of financially literate citizens. The literacy to the students of these skilling centres. The Mission Mission Office of Government of India has also prepared and Office is closely monitoring the programmes conducted through made available financial literacy material for imparting financial periodical reports.

FINANCIAL LITERACY Apart from direct initiatives, the RBI’s efforts to expand financial people. Additionally, Banks are encouraged to conduct such literacy are channeled through Banks. In terms of latest camps in unbanked locations. The number of FLCs increased instructions issued by RBI, Financial Literacy Centres and rural from 942 as at the end of March 2014 to 1181 as at the end branches of Banks are required to conduct Financial Literacy of March 2015. The position of financial literacy activities of Camps at least once a month with focus on financially excluded Financial Literacy Centres is furnished below:

Particulars 2013-14 2014-15 No. of operational FLCs 942 1,181 No. of financial literacy camps conducted 56,985 84,089 No. of participants 38,26,068 52,38,358 No. of participants opened accounts after attending the camp – 14,42,546 No. of participants already having accounts while attending the camp – 28,90,204

ABOUT THE TRUST Jnana Jyothi Financial Literacy and Credit Counselling Trust, for a period of 2 years and he assumed charge on 27.01.2016. jointly sponsored by Syndicate Bank and Vijaya Bank, was The Management of the affairs of the Trust vests with the Board established on 20.10.2010 with its Headquarters at Manipal, with of Trustees. The Board of Trustees comprises the following objectives: 1. Sri I.N. Raghavendra Bhat (former GM of Syndicate Bank), 1. To provide financial counseling services through face to face Managing Trustee interaction as well as through other available media like e-mail, 2. Sri H. Suresh Prabhu (former ED of South Indian Bank & mobile etc. as per convenience of the interested persons, former GM of Syndicate Bank), Trustee including education on responsible borrowing, proactive & early savings and offering debt counseling to individuals who 3. Sri Satheesha A.S. (former GM of Vijaya Bank), Trustee are indebted to formal and / or informal financial sectors. 4. Dr. Ramachandra Kamath (Professor, Department of Public 2. To educate the people in rural and urban areas with regard Health, Manipal University), Trustee to various financial products and services available from the Sri N.T. Hegde (former Dy. General Manager of Syndicate formal financial sector. Bank and Chairman of erstwhile Gurgaon Gramin Bank), is the 3. To make the people aware of the advantages of being Secretary (Chief Executive Officer). connected with the formal financial sector. Strategies Adopted 4. To formulate debt restructuring plans for borrowers in distress The Financial Literacy Centres of the Trust provide free financial and recommend the same to formal financial institutions, literacy and credit counseling services to existing and potential including cooperatives, for consideration. customers of all Banks. 5. To take up any such activity that promotes financial literacy, To achieve the objectives of the Trust, the following strategies awareness of the banking services, financial planning and have been adopted: amelioration of debt related distress of an individual. 1. Collecting vital statistics of block/village panchayats, such The Trust, through the various Financial Literacy Centres opened as number & name of Villages, Schools, Colleges, Self Help in the District/Block centres allotted to the sponsor Banks by Groups, Farmers’ Clubs etc. relevant to our activities. SLBCs/DCCs, is spreading financial literacy to the target groups 2. Collecting Block-level banking data, details of Villages/ by conducting awareness camps. Gram Panchayats allotted under Service Area Approach, un- Institutional Sponsors: banked villages of population of 2000 & above and below Karnataka Bank Ltd. and Andhra Pragathi Grameena Bank 2000, villages where BCs have been appointed. (sponsored by Syndicate Bank) have since joined the Trust as 3. Identifying and contacting District/Taluk level Government Institutional Sponsors for opening FLCs in those centres allotted Departments, Development Agencies, Chief Executive to them by respective SLBCs. Officers of Zilla Panchayats and Executive Officers of Management: Taluk Panchayats, Agricultural Department, Social Welfare Department, DRDO, who are engaged in extension activities Sri T.V. Bhat, former General Manager of Syndicate Bank and one at village level. of the Founder Trustees, took over charge as Managing Trustee on 08.01.2015 and contributed significantly for the growth of the 4. Liaison with District Education Officer/Head of Educational Trust till his demitting the office on 27.01.2016. Institutes to provide an opportunity to conduct financial literacy classes for students – from V Std to VII Std and from The Author Bank has nominated Sri I.N. Raghavendra Bhat, VIII to XII Std separately. retired General Manager of Syndicate Bank as Managing Trustee

04 5. Associating with Training Programmes organized by Rural We therefore adopted a policy to identify centres, places, Development & Self Employment Training Institutes and organizations where target groups meet in villages, i.e. forums other organizations engaged in similar activities. such as Gram Sabhas, village level meetings, Farmers’ Clubs, 6. Identifying active NGOs/Farmers’ Clubs and other local Self Help Groups & Anganwadi workers. Financial Literacy organizations for conducting Financial Literacy programmes. programmes have been conducted as per Reserve Bank of India syllabus, to educate the people about the need for saving, how 7. Introduction of Annual Action Plan for each FLC to conduct/ to plan their expenditure, how to curtail unnecessary expenses, associate with financial literacy programmes at Village/Block where to save their hard earned money etc. Communication levels. through word of mouth, being the most effective way, was 8. Making available details of all relevant information on financial adopted to bring awareness of relevant financial products & literacy in our Website. services available from the Banks and insurance companies by Methodology of holding campaigns: associating ourselves with the meetings/programmes organized Keeping in view the target groups who are illiterate and less by various forums. aware of financial services, the Trust since its inception, believed In Schools, Colleges, Self Employment and other Training that – Centres, regular class room sessions were taken making power (a) target groups cannot be expected to visit the FLCs as they point presentation wherever possible apart from distribution of are located in the District/Tehsil headquarters, which involves relevant publicity literature and display of posters on financial cost and time, and products & services. (b) it is not easy to mobilize people for giving financial literacy The Financial Literacy material provided by RBI was made programmes. available to all the FLCs and they were advised to conduct the programmes as per RBI guidelines in three phases.

PERFORMANCE OF THE TRUST

A brief account of performance of the Trust for the year ended Literacy Centres in the States of Karnataka (47), Kerala (8), 31.03.2016 is as under: Andhra Pradesh (10), Uttar Pradesh (8), Haryana (5) and U.T. Opening of Financial Literacy Centres: Trust opened 12 new of Lakshadweep (1). The Bank-wise and State-wise spread of centres during the year 2015-16. There were total 79 Financial FLCs are as under:

Syndicate Vijaya Karnataka Andhra Pragathi State Total Bank Bank Bank Grameena Bank Karnataka 30 12 5 – 47 Andhra Pradesh 5 – – 5 10 Kerala 6 2 – – 8 Uttar Pradesh 8 – – – 8 Haryana 5 – – – 5 U.T. of Lakshadweep 1 – – – 1 TOTAL 55 14 5 5 79

Activities: inception in October 2010. The constant rapport and liaison with various development The year-wise performance during the last 5 years is given agencies at District/Taluk/Gram Panchayat level, educational in the following table, indicating a steady increase in number institutions and various other organizations, have facilitated to of awareness programmes and also number of participants/ conduct/associate with financial literacy campaigns since its beneficiaries:

No. of people No.of people Year No. of FLCs No. of Programmes covered visited FLCs

2011-12 31 2,600 1,63,423 3,434 2012-13 37 9,675 5,45,057 23,485 2013-14 55 13,696 5,91,995 27,974 2014-15 67 17,475 7,01,396 27,606 2015-16 79 21,018 8,63,185 30,259

05 The State-wise performance of our Financial Literacy Centres during 2015-16

Kerala (8 Andhra Karnataka Uttar Pradesh GRAND TOTAL centres) & Pradesh Haryana (47 Centres) Lakshadweep (5 Centres) (8 Centres) (79 Centres) (1 centre) (10 Centres) Target Group Persons Persons Persons Persons Persons Persons No. of No. of No. of No. of No. of No. of partici- partici- partici- partici- partici- partici- Prog. Prog. Prog. Prog. Prog. Prog. pated pated pated pated pated pated

Villages 2615 96483 424 19055 1135 38286 303 9752 1062 30988 5539 194564

Self Help Groups 3059 76471 467 13995 689 16709 115 2725 89 1934 4419 111834

Farmers’ Clubs 156 5737 92 4582 8 263 30 552 84 3058 370 14192

Self Employment Training Institutes 627 22291 115 3407 184 8576 50 1402 212 7385 1188 43061

NABARD 62 2865 6 575 24 1285 12 901 61 6118 165 11744

DIC / KVIC / MSME 129 7662 31 1710 1 500 1 48 30 1450 192 11370

SHG Federation 37 2027 22 1284 40 1481 0 0 23 1093 122 5885

NGOs 456 27900 101 3034 25 1024 9 234 68 3489 659 35681

Anganwadi Workers 372 12289 167 6391 145 2341 79 2367 124 2141 887 25529

Meetings of BCs convened by Banks 72 3019 16 1125 71 5505 14 534 105 2824 278 13007

Primary Schools 1538 77148 47 1676 148 5531 8 333 137 3751 1878 88439

High Schools 1375 94492 307 15891 224 16171 49 2645 148 4878 2103 134077

Colleges 554 40423 151 5746 102 5965 62 2552 183 11172 1052 65858

NCC / NSS camps 29 2714 26 1464 1 80 0 0 6 870 62 5128

Others 764 35117 140 7501 170 8139 91 3812 49 2170 1214 56739

Association with rural branches of Banks 370 25433 56 3427 85 4585 56 2080 322 10552 889 46077

TOTAL 12216 532071 2168 90863 3052 116441 879 29937 2703 93873 21018 863185

No. of Melas / Exhibitions 86 64313 19 9554 21 15571 0 0 54 16300 180 105738

DCC / BLBC / Gram Sabha 304 19410 43 2719 43 4329 32 1138 98 2968 520 30564

No. of persons visited the FLCs 17804 3431 3375 1207 4442 30259

During the year 2015-16, out of 21,018 programmes, the Yojana and Atal Pension Yojana, with various Banks. The Trust is Financial Literacy Centres have organized 5,539 campaigns in also making efforts through its centres to achieve 100% financial villages covering 1,94,564 villagers, 4,419 programmes for SHGs literacy in villages under Saansad Adarsh Gram Yojana and comprising 1,11,834 members, 370 Farmers’ Clubs benefitting Synd Samagra Grama Vikas Yojana. 14,192 farmers, 1,188 programmes in Self Employment Training Mapping of Skilling Centres with the FLCs: Institutes covering 43,061 persons, 887 programmes for 25,529 The Financial Literacy Centres have started conducting camps Anganwadi workers, 5,033 programmes in Primary Schools/High in Government & Private Industrial Training Institutes, Vocational Schools/Colleges covering 2,88,374 students, associated with Training Partners and Operational Centres through out the rural branches of Banks in 889 camps covering 46,077 persons country to provide information on Micro Enterprises, Small & and 7,726 campaigns covering 1,39,554 persons belonging to Medium Enterprises and Prime Minister’s MUDRA Yojana to other target groups comprising women, unemployed youth, rural support the ‘Make in India’ Campaign. service organizations etc. These Financial Literacy Centres have also enrolled over 2,30,000 people under Pradhan Mantri The State-wise position of Skilling Centres mapped with our Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima FLCs, sessions conducted and students covered as at the end of March 2016 is as under:

No. of Skilling Centres No. of sessions No. of students Name of the State No. of Skilling Centres mapped conducted covered Karnataka 301 252 320 16,422 Andhra Pradesh 359 172 147 6,031 Kerala 36 32 43 2,815 Uttar Pradesh 137 110 85 3,793 Haryana 37 37 93 3,684 U.T. of Lakshadweep 1 1 3 74 TOTAL 871 604 691 32,819

06 Credit Counseling: curative credit counseling, Centres have to obtain mandate from Credit Counseling comprises (a) preventive credit counseling the Banks to extend Credit Counseling services to borrowers. and (b) curative credit counseling. As per RBI guidelines, for The Centres have been able to extend preventive counseling to 14,065 people. SPECIAL EVENTS

1. Visit of Government of India official: 3. Visit of Ministers / MPs: Sri Sudhir Shyam, Director, Ministry of Finance, Govt. of India, Sri Prahlad Joshi, Hon’ble Member of Parliament visited the Stall New Delhi visited Kurnool on 11.04.2015 and had interaction installed by Dharwad FLC at Kala Bhavan, Dharwad on the with the BCs. The senior Counselor of our Kurnool FLC actively participated in the financial literacy programmes arranged by Syndicate Bank, Andhra Bank and Andhra Pragathi Grameena Bank

occasion of programme of Public Information Drive conducted by Zilla Panchayat, Dharwad and Public Information Bureau on 03.07.2015. The Hon’ble MP appreciated the efforts of the FLC. Sri Manish Gupta, Director, Dept of Financial Services, Ministry Sri M.Venkaiah Naidu, Hon’ble Union Minister for Parliamentary of Finance, Government of India, New Delhi visited our Anekal Affairs and Urban Development, Govt. of India visited the publicity stall arranged by our Nellore FLC on 31.08.2015, along with Smt. Janaki, IAS, District Collector of Nellore. The stall was put up

FLC on 11.04.2015 and had interaction with the Counselors. He witnessed the financial literacy functions arranged by the FLC jointly with Syndicate Bank Branches in the District. on the occasion of programme arranged by the District Authority 2. Release of Annual Report of the Trust: for paying `20 lakh towards Suraksha Bima Yojana for 10,000 Sri Arun Shrivastava, Managing Director and CEO of Syndicate SHG members on the eve of Raksha Bandhan. The Counselors Bank, visited the Central Secretariat of the Trust on 25.06.2015 explained to the Hon’ble Minister about establishment & progress along with Sri K.T. Rai, FGM & Sri K. Sathosh Kamath, GM of of the Trust and also the activities undertaken by the FLC. the Bank. He was greeted by Sri T.V. Bhat, Managing Trustee and Dr. Ramachandra Kamath, Trustee. On this occasion, he released the Annual Report 2014-15 of the Trust. He also made 4. Visit of RBI/NABARD and other officials: a few suggestions to fully literate the people in financial aspects Sri R.N. Dash, Regional Director, RBI, Hyderabad and ways & means to saturate the financial literacy. visited the Stall put up by our FLC Adoni at Mantralayam

07 on 21.08.2015 along with his wife Mrs. Dash, Sri B. Magistrate Sri Narendera Shankar Pandey and Chief Venkateswara Rao, RM, SBI, Sri V.C.K. Prasad, RM, Dev. Officer of Baghpat Sri J.P. Rastogi visited the stall on

APG Bank, Kurnool. The Counselors greeted them and explained about the activities of the FLC. 23.12.2015 and appreciated the good work done by FLC in propagating financial literacy in the District. RBI Regional Director of Kerala, Sri Nirmal Chand visited our Kasaragod FLC on 07.09.2015 along with Sri Ramesh Smt. Surekha Mund, Banking Ombudsman, Karnataka visited the Stall put up by our Sakaleshpur FLC on

Thenkil, CGM of NABARD and Sri Jyothis Jagannath, DDM of NABARD, who reviewed the functioning of the FLC and expressed their satisfaction over the activities of the centre. The Press Information Bureau, Government of India, 25.02.2016 on the occasion of Outreach programme Hyderabad arranged a Public Information Campaign under conducted by Canara Bank at Town Panchayat Office, Sakaleshpur. She was greeted by the Counselors of our Alur and Sakaleshpur FLCs, who explained about the activities of the FLCs. The Lead District Office, Syndicate Bank, Udupi in association with Jnana Jyothi FLC, Karkala and

Jana Soochana Abhiyaan from 7th to 9th October 2015 at Yemmiganur Town. During the campaign, financial literacy sessions and quiz competitions were conducted by Kurnool FLC in association with officials of RBI, Hyderabad. At the end of the programme, the FLC was honoured with a Memento. Baghpat FLC put up a stall in the Krishi Mela at Baghpat which was attended by around 1,000 farmers. The District

08 Syndicate Bank, Kanajar Branch, arranged financial Monitoring of Financial Literacy Centres: literacy programme in the Church Auditorium, Kanajar on 30.03.2016. The programme was attended by The working of the FLCs is monitored by the Central Secretariat Sri Laxmipathi, Asst. General Manager of Reserve Bank of of the Trust by reviewing their Monthly Reports which covers key India, Bengaluru. areas of performance, visits to Centres by the Managing Trustee, Secretary and Asst. Secretary and by keeping constant touch on 5. Field Level Financial Literacy Event – FLARE-UP at Phone/Internet communications. Vijayapura: Reserve Bank of India, Financial Inclusion and Development Department, Bengaluru arranged a Field Level Syndicate Bank has issued instructions to its Lead District Financial Literacy Event – FLARE-UP on March 11, 2016 at Managers to oversee the functions of Financial Literacy Centres Sri Kandagal Hanamantharaya Rang Mandir, Vijayapura. The sponsored by them. The LDMs guide the Counselors suitably. objective of the programme was to spread financial literacy, Performance of the Centres is also reviewed in Block Level Bankers’ Committee/District Consultative Committee/State Level Bankers’ Committee Meetings and progress is recorded in the minutes of the meeting. One-day Review Meetings: To review the performance of Financial Literacy Centres and to equip the Counselors with the latest developments in banking, insurance and other social benefit schemes of Government, one- day Annual Review Meetings were conducted. (a) South Based FLCs: The Trust organized the Annual Review Meeting of South Based Financial Literacy Centres on 27.09.2015 at SIBM Manipal. Counselors of 44 FLCs from Karnataka, Kerala & Andhra Pradesh attended and made presentations of their performance during the period from September 2014 to August 2015. (a) North Based FLCs: The Annual Review meeting of FLCs in Uttar Pradesh and Haryana States, was held on 25.10.2015 at RUDSETI, Ghaziabad. 19 Counselors of 8 foster financial inclusion, create awareness on not falling prey FLCs in U.P. and 2 FLCs in Haryana attended the meeting. to deposit acceptance by unauthorized entities, to highlight features of currency notes, procedure for exchange of cut notes, Publicity Literature: experience sharing by successful SHGs and entrepreneurs. The Trust has brought out simple literature on important financial A number of Stalls were put up by various Banks. Our Vijayapura products and services separately for students & adults and and Indi FLCs have also put up a Stall during the programme and special pamphlets on loan schemes in vernacular languages Sri N.T. Hegde, Secretary of the Trust attended the programme. – Kannada, Malayalam, Telugu, Hindi & English. Besides, our There was a gathering of more than 500 people. FLCs are also using the Financial Literacy material brought out 6. Republic Day Award to Jnana Jyothi FLC, Nellore: by Reserve Bank of India for conducting the financial literacy camps. The Counselors of our Nellore FLC received Award from the Website of the Trust:

To reach larger section of the people, Trust has its Website in English, Kannada and Hindi languages. The Website covers major financial products and services provided by Banks, viz., Deposits, Advances, Remittance facilities, Electronic channels of banking and micro insurance services. It also provides information regarding Financial Literacy, Protection of Customer Interest, Banking Practices and Code of Conduct, Banking Ombudsman Scheme, Bankers’ Fair Practice Code in India, MSME Charters, highlights of national/state level schemes etc. The Website is updated regularly with changes in schemes. The number of viewers of the Website is on the increase and 46,214 people have viewed the website in all the three languages as on 31.03.2016. Association with Training Programmes organized by Rural District Collector Smt. M. Janaki IAS, on the 67th Republic Day Development & Self Employment Training Institutes: celebrations on 26-01-2016 for outstanding services in the field Reserve Bank has indicated in its circular dated 04.02.2009 of spreading financial literacy. This is the 2nd consecutive award that while the FLCs would provide financial literacy and received from the District Collector for the best services rendered credit counseling, the activities of the Rural Development and by our Nellore Centre. Self Employment Training Institutes (RUDSETI), towards skill development/capacity building could be dovetailed with FLCs’

09 initiatives. The Trust has liaised with Author Banks who have (ii) Conducted financial literacy sessions for newly elected advised the Self Employment Training Institutes sponsored Panchayat members at Taluk/ Zilla Panchayat Offices. by them to associate our FLCs in their training programmes to (iii) Participated in the meetings of Business Correspondents provide financial literacy knowledge to the participants. convened by Banks. During the year, our Financial Literacy Counselors have - (iv) Associated in the Financial Literacy programmes (i) associated themselves for disseminating financial literacy organized by rural branches of Banks. to the trainees in the various programmes of Training: (a) 15 SyndRSETIs sponsored by Syndicate Bank at In order to enhance the knowledge for spreading financial literacy Manipal, Kumta, Belagavi, Ballari, Meerut, Mathura, and popularise various social benefit schemes announced by Amroha, Moradabad, G.B. Nagar, Baghpat, Kurnool, the Ministry of Finance, Govt. of India, the Trust in association Kadapa, Faridabad, Nuh and Kavaratti; with Syndicate Institute of Bank Management, Manipal has (b) 2 VIBSETIs sponsored by Vijaya Bank at Mandya conducted two-day training programme for Financial Literacy and Haveri; and Counselors, on 25th and 26th September 2015 at SIBM Manipal. The training programme was inaugurated by Sri Vivek Deep, (c) 9 RUDSETIs sponsored jointly by Syndicate General Manager, FIDD, Reserve Bank of India, Bengaluru. Bank, Canara Bank and Shri Dharmasthala The training programme was attended by 34 Counselors from Manjunatheshwara Educational Trust at Ujire, Karnataka, Kerala, Andhra Pradesh, Haryana and Uttar Pradesh Brahmavar, Dharwad, Vijayapura, Ananthapuramu, States. Vetapalem, Ghaziabad, Gurgaon and Kannur.

Deputation of Counselors for external training programmes: In order to enrich the knowledge and capacity building, the Counselors have undergone training conducted by external agencies, as detailed below:

No. of Sl. Date Venue Particulars Counselors No. participated TTP on Capacity Building of Bank Mitras/ BCs/ BFs 15 & Syndicate Bank STC, 01 organized by SLBC Karnataka in association with IIB&F, 1 16.04.2015 Bengaluru Mumbai. TTP on Capacity Building of Bank Mitras/ BCs/ BFs 05 & PNB Regional Staff 02 organized by SLBC Haryana in association with IIB&F, 2 06.06.2015 College, Panchkula. Mumbai. TTP on Capacity Building of Bank Mitras/ BCs/ BFs 09 & Bank of Baroda Training 03 organized by SLBC Uttar Pradesh in association with 1 10.06.2015 Centre, Lucknow IIB&F, Mumbai. 15 to Bankers’ Institute of Rural 04 Programme on Capacity Building for FLC Counselors 2 17.06.2015 Development, Lucknow TTP on Capacity Building of Bank Mitras/ BCs/ BFs 02 & Bank of Baroda Training 05 organized by SLBC Uttar Pradesh in association with 2 03.07.2015 Centre, Lucknow IIB&F, Mumbai. Syndicate Bank STC, Training programme on IBA-CYFI School Bank Camps 06 31.08.2015 25 Bengaluru Project Training programme for Counselors of FLCs sponsored Vijaya Bank STC, 07 09.10.2015 by Vijaya Bank in Karnataka, on School Bank Champs 20 Bengaluru Project. 19 to Bankers’ Institute of Rural 08 Programme on Financial Inclusion sponsored by NABARD. 4 21.10.2015 Development, Mangaluru Workshop by RBI Hyderabad for FLCs and Directors of Hotel Fortune Murali Park, 09 17.12.2015 RSETIs of Andhra Pradesh to review their functioning and 10 Vijayawada to discuss related issues. 28 to Bankers’ Institute of Rural Capacity Building programme for FLC Counselors by 10 5 30.12.2015 Development, Mangaluru NABARD. Train the Trainers Programme for Financial Literacy 27 to Bankers’ Institute of Rural 11 Counselors. 20 29.01.2016 Development, Mangaluru

Bankers’ Institute of Rural Faculty Development Programme for Financial Literacy 12 21.03.2016 5 Development, Mangaluru Counselors and Directors of RSETIs.

10 Manpower sponsorship. While the capital and revenue expenditure of individual FLCs have been borne by the respective Each Centre has been provided with two Counselors, sponsor Banks, the expenses of Central Secretariat is preferably retired Bank officers. The Counselors are shared on prorata basis in the ratio of number of FLCs at appointed on annual contract basis, spelling out clearly the end of previous financial year. their duties & responsibilities and out-door duties of minimum 10 days per month for each counselor. Wherever Annual Accounts of the Trust the Trust has not been able to get suitable retired officers, The Trust has incurred Capital Expenditure of `11.10 lakh particularly in Taluk/ Block level centres, young graduates and Revenue Expenditure of `308.60 lakh during the with computer proficiency were appointed. The Trust year under report. The Audited Balance Sheet, Income & has engaged the services of 155 Financial Literacy Expenditure Account and Receipts & Payments Account Counselors on contract basis (89 retired Officers and 66 for the year ended 31.03.2016 are appended. fresh graduates) at various Centres. As on 31st March 2016, the total number of manpower on service contract Meetings of Board of Trustees is 164, which includes 7 staff at Central Secretariat and 4 The Trust has conducted 5 meetings of Board of Trustees Part-Time Helpers at 4 FLCs managing FIRCs. on 30.04.2015, 30.07.2015, 09.11.2015, 20.11.2015 and Funding of the Trust 27.01.2016 as required by Schedule I of the Trust Deed, at its Central Secretariat at Syndicate Bank Head Office The Trust and its activities are being funded by author Building, Manipal. Banks and the Banks who have given institutional ACKNOWLEDGEMENT

We place on record our deep appreciation and gratitude to the Managing Director & CEOs, Executive Directors of Syndicate Bank & Vijaya Bank, the author Banks, for their whole-hearted support.

We thank the Managing Director & CEO of Karnataka Bank Ltd. and Chairman of Andhra Pragathi Grameena Bank, the institutional sponsor Banks, for their support and co-operation.

We acknowledge assistance rendered by the General Managers, Regional Managers and Lead District Chief Managers of respective Banks. We also acknowledge the co-operation extended by the authorities of District Administrations, Schools, Colleges, Industrial Training Institutes, Directors of Rural Self Employment Training Institutes and other organizations for facilitating us to hold Financial Literacy sessions.

We also place on record our appreciation to all officials of the Trust for their active participation and services.

For and on behalf of Board of Trustees,

( I.N. Raghavendra Bhat ) Date: 03.05.2016 Managing Trustee

Exit of Vijaya Bank from Jnana Jyothi FLCC Trust

Vijaya Bank, one of the author Banks, has established a separate Trust, i.e. Vijaya Financial Literacy Trust with its headquarters at Vijaya Bank H.O. Building, M.G. Road, Bengaluru. The Vijaya Financial Literacy Trust has taken over the 14 Financial Literacy Centres – Mandya, Haveri, Dharwad, Maddur, Nagamangala, Siddapur, Yelahanka, K.R. Nagar, Sorab, K.R. Puram, Channagiri & Malur in Karnataka State and Peravoor & Kondotty in Kerala State, sponsored by Vijaya Bank and hitherto managed by Jnana Jyothi FLCC Trust, with effect from 1st April, 2016.

11 BALANCE SHEET AS ON 31.03.2016 Amount (`) Amount (`) Amount (`) Amount (`) Funds & Liabilities Assets 31.03.2015 31.03.2016 31.03.2015 31.03.2016 FUNDS 6772043.36 FIXED ASSETS 7868949.36 70000.00 Corpus Fund 49000.00 CURRENT ASSETS 3990843.00 Capital Fund 7995026.36 112157.00 Sundry Deposits 126077.00 Less: Excess of Expenditure over income 3818204.36 4176822.00 RESERVES & SURPLUS 13777.57 Tax Deducted at Source 1541.57 2893357.36 Depreciation Reserve 3818204.36 ADVANCES 1309191.22 Advance from Author Banks & Sponsor Banks 474814.17 CASH IN HAND & BANK BALANCES PROVISIONS 366932.50 In Vijaya Bank SB 674 525885.50 279100.00 E P F Payable 368884.00 915994.14 In Syndicate Bank SB 8280 224390.71 13483.00 Audit Fees 25800.00 286362.01 In Syndicate Bank SB 13839 64338.95 10210.00 Salary Payable 0.00 96024.00 Fixed Deposits with Syndicate Bank 106526.44 0.00 Computer Consumables & Repair 9000.00 2894.00 Cash-in-Hand 4815.00

8566184.58 TOTAL 8922524.53 8566184.58 TOTAL 8922524.53 As per our Report For JNANA JYOTHI FINANCIAL LITERACY AND CREDIT COUNSELLING TRUST (REGD) For M/s I V Sharma & Co

Sd/x Sd/x Sd/x Sd/x Sd/x Place: Manipal (N.T. Hegde) (I.N. Raghavendra Bhat) (H. Suresh Prabhu) (Dr. Ramachandra Kamath) ( I.V. Sharma ) Date: 03.05.2016 Secretary Managing Trustee Trustee Trustee Chartered Accountant M.No.018845 INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31.03.2016 Amount (`) Amount (`) Amount (`) Amount (`) EXPENDITURE INCOME 31.03.2015 31.03.2016 31.03.2015 31.03.2016 38830.00 To Advertisement 7000.00 22401951.42 By Sponsorship Receipts 30565673.73 26966.00 To Audit Fees 197847.58 By Interest Received 291296.62 For the current year 45800.00 0.00 By Interest on IT refund 2386.00 Arrears for 2014-15 8989.00 54789.00 951060.00 By Excess of Expenditure over Income 924847.00 4152.00 To Bank Charges 1052.35 65926.00 To Computer consumable and repair 112647.00 66785.00 To Electricit y Charges 108162.00 0.00 To E P F Paid 3850451.00 1202514.00 Less: EPF Collected 1827144.00 2023307.00 69698.00 To E P F Interest & Penal Damages 18962.00 47426.00 To Fire Insurance Premium 2267.00 85787.00 To Inaugural Expenses 43800.00 14166.00 To Meeting Expenses 18032.00 0.00 To Miscellaneous Expenses 31301.00 450263.00 To Office Expenses 505648.00 81116.00 To Postage and Courier 91962.00 126107.00 To Printing and Stationery 167898.00 2500.00 To Profession Tax Registration Fees 2500.00 5000.00 To Professional Charges 0.00 780925.00 To Publicity & Promotion Expenses 1352245.00 69399.00 To Publicity Van Expenses 46872.00 1663753.00 To Rent 2061301.00 15690684.00 To Salary 20689055.00 60000.00 To Sitting Fees 41000.00 625140.00 To Telephone Charges 703846.00 1422662.00 To Travelling Expenses and Conveyance 2775710.00 951060.00 To Depreciation 924847.00 23550859.00 TOTAL 31784203.35 23550859.00 TOTAL 31784203.35 As per our Report For JNANA JYOTHI FINANCIAL LITERACY AND CREDIT COUNSELLING TRUST (REGD) For M/s I V Sharma & Co

Sd/x Sd/x Sd/x Sd/x Sd/x Place: Manipal (N.T. Hegde) (I.N. Raghavendra Bhat) (H. Suresh Prabhu) (Dr. Ramachandra Kamath) ( I.V. Sharma ) Date: 03.05.2016 Secretary Managing Trustee Trustee Trustee Chartered Accountant M.No.018845 12 RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31-03-2016 Amount (`) Amount (`) Amount (`) Amount (`) 31.03.2015 RECEIPTS 31.03.2016 31.03.2015 PAYMENTS 31.03.2016 1279.00 To Opening Cash-in-Hand 2894.00 38830.00 By Advertisement 7000.00 397994.04 To Syndicate Bank SB 8280 915994.14 11236.00 By Audit Fees Payable Paid 13483.00 260353.50 To Vijaya Bank SB 674 366932.50 13483.00 By Audit Fees 28989.00 72614.87 To Syndicate Bank SB 13839 286362.01 0.00 By Funds from Sarva Haryana Gramin Bank 340.32 24417017.66 To Funds from Author / Sponsor Banks 30842463.00 4152.00 By Bank Charges 1052.35 11200000.00 To Synd Suvidha Account 18500000.00 584393.00 By Computer Purchase 480854.00 3000.00 To Computer 0.00 65926.00 By Computer consumable and Repair 103647.00 1046123.00 To EPF Collected 1827144.00 0.00 By Corpus Fund 21000.00 0.00 To Interest on IT refund 2386.00 47538.00 By Electrical Fittings 32838.00 178823.58 To Interest Received 280794.18 66785.00 By Electricity Charges 108162.00 13500.00 To Rent Advance 3000.00 1969537.00 By EPF Paid 3481567.00 0.00 To Tax Deducted at Source 12236.00 71155.00 By EPF Payable Paid 279100.00 1000000.00 To Vijaya Bank VSU Account 1200000.00 69698.00 By EPF Interest & Penal Damages 18962.00 47426.00 By Fire Insurance Premium 2267.00 928062.00 By Furniture and Fittings 572514.00 85787.00 By Inaugural Expenses 43800.00 14166.00 By Meeting Expenses 18032.00 0.00 By Miscellaneous Expenses 31301.00 0.00 By Mobile Phone 10700.00 450263.00 By Office Expenses 505648.00 81116.00 By Postage and Courier 91962.00 126107.00 By Printing and Stationery 167898.00 2500.00 By Profession Tax Registration Fees 2500.00 5000.00 By Professional Charges 0.00 780925.00 By Publicity & Promotion Expenses 1352245.00 69399.00 By Publicity Van Expenses 46872.00 1663753.00 By Rent 2061301.00 22500.00 By Rent Advance 5000.00 15680474.00 By Salary 20689055.00 0.00 By Salary Payable Paid 10210.00 60000.00 By Sitting Fees 41000.00 625140.00 By Telephone Charges 703846.00 10510.00 By Telephone Deposit 11920.00 1422662.00 By Travelling Expenses and Conveyance 2775710.00 2894.00 By Cash-in-Hand 4815.00 11000000.00 By Synd Suvidha Account 18500000.00 1000000.00 By Vijaya Bank VSU Account 1200000.00 366932.50 By Vijaya Bank SB 674 525885.50 286362.01 By Syndicate Bank SB 13839 64338.95 915994.14 By Syndicate Bank SB 8280 224390.71

38590705.65 TOTAL 54240205.83 38590705.65 TOTAL 54240205.83 For JNANA JYOTHI FINANCIAL LITERACY AND CREDIT COUNSELLING TRUST (REGD)

Sd/x Sd/x Sd/x Sd/x Place: Manipal ( N.T. Hegde) ( I.N. Raghavendra Bhat ) ( H. Suresh Prabhu ) ( Dr. Ramachandra Kamath ) Date: 03.05.2016 Secretary Managing Trustee Trustee Trustee

AUDITOR’S REPORT

We have audited the attached Balance Sheet of JNANA JYOTHI FINANCIAL LITERACY AND CREDIT COUNSELLING TRUST, MANIPAL as at 31st March 2016 and also the annexed Income and Expenditure Account for the year ended on that date and report that:

a) We have obtained all the information and explanations, which to the best of our knowledge and belief were necessary for the purpose of audit. b) The Balance Sheet and the Income and Expenditure Account dealt with by this Report are in agreement with the Books of Account. c) In our opinion and to the best of our information and according to the explanations given to us, the said accounts give a true and fair view:

i. In the case of Balance Sheet, of the State of Affairs of the Trust as at 31st March 2016 and ii. In the case of Income and Expenditure Account, of the EXCESS OF EXPENDITURE OVER INCOME for the year ended on that date.

For M/s. I.V. Sharma & Co., Chartered Accountants, Mangaluru F.R.N. 003787 S Date: 3rd May, 2016 Sd/x (CA I.V. Sharma) M.No.018845 13 JNANA JYOTHI FINANCIAL LITERACY CENTRES KARNATAKA STATE UDUPI MANGALURU KUMTA BELAGAVI I Floor, Mukund Nivas, Syndicate Bank Bldg, 1st Floor, Regional Office, KVG Bank, S.G.S.Y. Commercial Complex K.M. Marg, Light House Hill Road, Hampankatta, Baggaon Cross, APMC Road, Nehru Nagar, Udupi – 576 101 Mangaluru – 575 001 Kumta – 581 343 Belagavi – 590 010 [email protected] [email protected] [email protected] [email protected] TeleFax: 0820-2529331 TeleFax: 0824-2423070 TeleFax: 08386-220429 Tel: 0831-2472012

BAGALKOT VIJAYAPURA BALLARI BANTWAL Karnataka Farmers’ Resource Centre, Khanapur Complex, HUDCO Bus-stand, Zilla Panchayat Office, ‘Sri Ganesh Prasada’, BVV Sangha’s Spinning Mill Complex, Jalnagara, Fort, Ballari – 583 102 B.C.Road, Bantwal – 574 219 Gaddanakeri Road, Bagalkot – 587 102 Vijayapura – 586 101 [email protected] [email protected] [email protected] [email protected] TeleFax: 08392-268009 TeleFax: 08255-230255 Tel: 08354-244011 Tel: 08352-276089

KARKALA SIRSI KUNDAPUR KUNDGOL Opp: Taluk Panchayat Complex, 1st Floor, Mahalasa Complex, Veerasavarkar Taluk Panchayat Building, 1st floor, Pattanapanchayat Employees’ Karkala – 574 104 Marg (Court Road), Sirsi – 581 401 Shastri Circle, Kundapur – 576 201 Assn. Bldg, Kundgol – 581 113 [email protected] District: Uttara Kannada, District: Udupi District: Dharwad Tel: 08258-230438 [email protected] [email protected] [email protected] Tel: 08384-223277 Tel: 08254-233334 Tel: 08304-290088

BELTHANGADY BHATKAL KARWAR RAMDURG Shop No.1, SGSY Commercial Complex, Taluk Panchayat Office, 1st Floor, Samarthya Soudha, Taluk Office Taluk Panchayat Building Taluk Panchayat, Court Road, Main Road, Bhatkal – 581 320 Compound, Karwar – 581 301 Ramdurg – 591 123, District: Belagavi Belthangady – 574 214, Dakshina Kannada District: Uttara Kannada District: Uttara Kannada [email protected] [email protected] [email protected] [email protected] Tel: 08335-242944 Tel: 08256-234237 Tel: 08385-225338 Tel: 08382-227565

SULLIA PUTTUR KOLLEGAL ATHANI Taluk Panchayat Building, Kabaka Grama Panchayat Bldg, Kabaka, Nagappa Building, I Floor, Near Taluk Panchayat Guest House Ground Floor, Sullia – 574 239 Puttur – 574 220 Opp. Tahasildar’s Office, Kollegal–M.M.Hills Rd, MLA’s Office Building, Athani-Miraj Road, District: Dakshina Kannada District: Dakshina Kannada Kollegal–571 440 District: Chamarajnagar Athani – 591 304 District: Belagavi [email protected] [email protected] [email protected] [email protected] Tel: 08257-232242 Tel: 08251-281144 Tel: 08224-252424 Tel: 08289-285251

BYADGI HANAGAL INDI TIPTUR Stall No.3, Taluk Panchayat Commercial B V Kalal & Sons Building I Fllor, Gajanan Nivas, Taluk Panchayat Building Stalls Complex, Kakol Road T.G. Road, Near JMFC Court Sindgi Road, Indi – 586 209 Railway Station Road Byadgi – 581 106, District: Haveri Hanagal – 581 104, District: Haveri District: Vijayapura Tiptur – 572 201, District: Tumkur [email protected] [email protected] [email protected] [email protected] Tel: 08375-226365 Tel: 08379-262740 Tel: 08359-224464 Tel: 08134-250395

ANEKAL MUNDARGI KUSTAGI SHIKARIPURA Ground Floor, Samarthya Soudha, I Floor, TMC No.616/1, Ward No.I, Rajiv Gandhi Seva Kendra Bldg, Room No.5, II Floor, Taluk Panchayat Office Building, Opp: Kote School, Gadag Road Taluk Panchayat Compound, Taluk Administrative Bldg., Taluk Office Road, Anekal – 562 106, District: Bengaluru Town Mundargi – 582 118, District: Gadag Kustagi – 584 121, District: Koppal Shikaripura–577 427, Shivamogga Dist. [email protected] [email protected] [email protected] [email protected] Tel: 080-27859905 Tel: 08371-262511 Tel: 08536-267072 Tel: 08187-223611

ALUR ARSIKERE SAKALESHPUR SRINGERI Sri Veerabhadreshwara Swamy Nilaya, I Floor, Samarthya Soudha Ground Floor, Meeting Hall Bldg, First Floor, Pandith Complex, Keredande Hale Santhe Beedhi, Near Old Court Circle, Taluk Panchayat Compound, B.H. Road, Taluk Panchayat Compound, Circle, Near Bus Stand, Sringeri – 577 139 B.M. Road, Alur – 573 213, Hassan District, Arsikere – 573 103, Hassan District Sakaleshpur – 573 134,Hassan District Chikmagalur District [email protected] [email protected] [email protected] [email protected] Tel: 08170-218866 Tel: 08174-232234 Tel: 08173-245166 Tel: 08265-250966

RAIBAG JAMAKHANDI HOLALKERE MANDYA I Floor, Taluk Panchayat Bldg, I Floor, Nadaf Building, II Floor, Sri Krishna Nilaya, Old Nehru Yuva Kendra Building, Main Road, Raibag – 591 317, Tipu Sultan Circle, Kunchanur Road, J.C. Extension, Holalkere – 577 526, Behind DC Office, Belagavi District Jamakhandi – 587 301, Bagalkot District Chitradurga District Mandya – 571 401 [email protected] [email protected] [email protected] [email protected] Tel: 083312-225240 Tel: 08353-221526 Tel: 08191-275020 Tel: 08232-221258

HAVERI DHARWAD MADDUR NAGAMANGALA Ground Floor, Kruti Complex, Hunsemarad Complex, Old Meeting Hall, Taluk Panchayat Building, Opp: LIC Office, P.B.Road, Gandhinagar, Taluk Panchayat Bldg, Nagamangala – 571 432 Haveri – 581 110 Dharwad – 580 004 Maddur – 571 428, District: Mandya District: Mandya, [email protected] [email protected] [email protected] [email protected] Tel: 08375-233826 TeleFax: 0836-2462255 Tel: 08232-232523 Tel: 08234-285229

SIDDAPUR YELAHANKA K R NAGAR SORAB Taluk Panchayat Building, Taluk Panchayat Office Building (NES) Taluk Panchayat Office Compound, Site No. 45, KSGEA Building, Siddapur – 581 355 Doddaballapur Road, Yelahanka New Town, Mysuru-Hassan Road, Sorab –Ulavi Road, District: Uttara Kannada Bengaluru – 560 106 K.R. Nagar – 571 602, District: Mysuru Near Post Office, Sorab – 577 429 [email protected] [email protected] [email protected] [email protected] Tel: 08389-230009 Tel: 080-28560212 Tel: 08223-262231 Tel: 08184-272028

K R PURAM CHANNAGIRI MALUR Lakshmi Complex, Old Madras Road, I Floor, Samarthya Soudha Taluk Panchayat Old Building K.R. Puram, Bengaluru – 560 036 Taluk Panchayat Compound Malur – 563 130, District: Kolar [email protected] Channagiri – 577 213, District: Davanagere [email protected] Tel: 080-25610711 [email protected] Tel: 08151-232077 Tel: 08189-227006

14 ANDHRA PRADESH STATE

ANANTHAPURAMU KURNOOL KADAPA ONGOLE No. 13/117 DCMS Road, Zilla Praja Parishad Complex, Syndicate Bank Bldg, II Floor, Collectorate Office, Kamalanagar, Park Road, Seven Roads, Prakasam Bhavan, Ananthapuramu – 515 001 Kurnool – 518 001 Kadapa – 516 001 Ongole – 523 001 [email protected] [email protected] [email protected] [email protected] Tel: 08554-222525 TeleFax: 08518-248172 TeleFax: 08562-224599 TeleFax: 08592-220503

NELLORE VELLATURU KALYANADURGAM ADONI Dr Ambedkar Welfare Bhavan, 1st Floor, Vellaturu Village & Post – 516 216 Door No.7/237/3, Valmiki Circle, Mandal Praja Parishad Complex District SC Corporation Wing, Subedarpet, Pendlimarri Mandal, Kalyanadurgam – 515 761 Adoni – 518 301, Nellore – 524 001 District: YSR (Kadapa) District: Ananthapuramu District: Kurnool [email protected] [email protected] [email protected] [email protected] Tel: 0861-2308033 Tel: 08562-233786 Tel: 08497-221115 Tel: 08512-222269

KANDUKUR NAIDUPETA D.No.20-1-117, I Floor,Daram Sree Andhra Pragathi Grameena Bank Bldg Ramulu Complex, Govt. Hospital Road, Naidupeta – 524 126, Kandukur – 523 105, Prakasam District Nellore District [email protected] [email protected] Tel:.08598-221116 Tel.No.08623-248546

KERALA STATE KANNUR KASARAGOD UZHAVOOR VAZHAKULAM ‘Surag’ Bldg, 1st Floor, Podikundu, Arun Complex, Old NH-17, Uzhavoor Block Office Bldg, Vazhakulam Block Panchayat Building, Post Pallikunnu, Anangoor, Kozha P O, South Vazhakulam – 683 105 Kannur – 670 004, Kasaragod – 671 121 Kuravilangad – 686 633, District: Kottayam District: Ernakulam [email protected] [email protected] [email protected] [email protected] TeleFax: 0497-2748203 TeleFax: 04994-220389 Tel: 0482-2230833 Tel: 0484-2676080

KODAKARA PERUMKADAVILA PERAVOOR KONDOTTY SGSY Building, Kodakara Block Block Panchayat Building Bldg.No.KP 25F, Vyapara Bhavan, City Tower, Near Police Station, Panchayat Compound Perumkadavila – 695 124 KVVES Building, Nedupuramchal, Chungam, PO Kondotty – 673 638 Pudukad – 680 301, District: Thrissur District: Thiruvanathapuram PO Poolakutty – 670 650, District: Kannur District: Malappuram [email protected] [email protected] [email protected] [email protected] Tel: 0480-2755241 Tel: 0471-2275036 Tel: 0490-2448850 Tel: 0483-2711152

UTTAR PRADESH STATE MATHURA MEERUT MORADABAD AMROHA I Floor, Room No.F-3, Rajiv Bhavan, 269, Opp Suraj Kund, Near Mandi Samiti Gate, Line Par, Majhola, Opp: Amroha Green Colony, Civil Lines, Baba Manoharnath Mandir, P.O. Power House Majhola Joya Road, Amroha – 244 221 Mathura – 281 001 Meerut – 250 002 Moradabad – 244 001 District: Amroha [email protected] [email protected] [email protected] [email protected] Tel: 0565-2470242 Tel: 0121-2604435 Tel: 0591-2480280 Tel: 05922-252104

GHAZIABAD G B NAGAR BAGHPAT HAPUR RDC 9, Rajnagar, Shop No: 119, Dadri Road, DRDA Building, Collectorate, Sarvodaya Colony, Assoda Road, Near Court Gate, Near Police Chowky, Surajpur, Baghpat – 250 609 Near Police Station, Ghaziabad – 201 002, Greater Noida – 201 306, District: GB Nagar [email protected] Hapur – 245 101 [email protected] [email protected] Tel: 0121-2222913 [email protected] Tel : 0120-2820103 Tel: 0120-2560133 Tel: 0122-2300272

HARYANA STATE FARIDABAD MEWAT (NUH) RADAUR PRITHLA SyndRSETI Bldg, H.No. 911, SyndRSETI Building, No: 109, Door No.1300, Ward No.14, Opp: Syndicate Bank, Chhaprola Road Sector 15A, Anaj Mandi, Near Syndicate Bank, Anaj Mandi Road, Prithla Village & Post – 121 102 Faridabad – 121 007 Nuh – 122 107, District: Mewat Radaur – 135 133, District: Yamunanagar Palwal District [email protected] [email protected] [email protected] [email protected] Tel: 0129-2222270 Tel: 01267-201198 Tel: 01732-283390 Tel: 01275-262064

FARRUKHNAGAR Shop No.1, Ward No.10 Farrukhnagar Municipality Farrukhnagar – 122506, Gurgaon District [email protected] Tel: 0124-2375377

U.T. OF LAKSHADWEEP KAVARATTI C/o LDM’s Office of Syndicate Bank Kavaratti – 682 555 [email protected] Tele: 04896-262424

15 Activities of our Financial Literacy Centres

ANDHRA PRADESH

Kurnool FLC: FL session at Govt. ITI College, Srisailam on 04.11.2015 Kadapa FLC: FL session for trainees at Ongole FLC: FL session for participants of BC/BF Synd RSETI, Kadapa on 13.06.2015 Course at RUDSETI, Vetapalem on 15.06.2015

Vellatur FLC: FL camp jointly with K G Penta Branch of Kalyanadurgam FLC: FL camp at Bachehalli Village for Kandukur FLC: FL session in the Pensioners’ Meet APG Bank on 26.05.2015 SHG Farmer members on 07.09.2015 arranged by SBI on 04.09.2015 HARYANA

Mewat (Nuh) FLC: FL camp for villagers on 18.08.2015 Radaur FLC: FL programme on Insurance products at Faridabad FLC: FL camp with SOS NGO (Women Empower- at Kurthla Khajuri village on 05.09.2015 ment) at Dhiraj Nagar Slum, Faridabad on 27.01.2016 KARNATAKA

Mangaluru FLC: Programme under IBA-CYFI at the school adopted by Mundargi FLC: Awareness Camp on PMJDY at Mevundi on 21.04.2015 Syndicate Bank, Hampankatta, Mangaluru on 08.09.2015

Sullia FLC: FL Programme for villagers at Kodialbailu Bagalkot FLC: FL camp at Adarsh Colony, Navnagar on Tiptur FLC: Conducted FL Quiz for students during their Annual on 03.09.2015 18.09.2015 Day celebration on 25.11.2015 and distributed prizes for winners

Anekal FLC: FL programme on Social Benefit Schemes Bhatkal FLC: Inauguration of Stall put up at Krishi Mela, Bhatkal, by Kustagi FLC: FL camp on PM’s Social Security Schemes at Anekal on 03.09.2015 Sri Mankala S Vaidya, MLA and Sri J D Naik, Ex MLA on 28.11.2015 in Revanki Village on 20.06.2015 16 Activities of our Financial Literacy Centres

KARNATAKA

Nagamangala FLC: F L for physically challenged Ramdurg FLC: FL programme on Social Benefit Schemes Maddur FLC: FLP on Social Benefit Schemes to newly persons on 07.12.2015 to LIC Employees on 07.09.2015 elected GP members on 04.09.2015

Ballari FLC : FL session in the e -Payment Literacy Indi FLC: FL session for students of MES ITI, Arsikere FLC: F L programme for students of Govt. ITI, presentation & workshop in Sept 2015 Chadchan on 04.11.2015 Arsikere on 03.11.2015 KERALA

Kodakara FLC: FL camp in association with Syndicate Bank, Mattathur in Perumkadavila FLC: Special Outreach programme at Venganur Uchakkada tribal colony on 22.09.2015 on 12.03.2016

Uzhavoor FLC: FL Programme at Block Panchayat Kannur FLC: FL session at Tribal Welfare Office on Kasaragod FLC: F L camp at Bambrana on 14.06.2015 Auditorium on 04.09.2015 09.09.2015 UTTAR PRADESH

Ghaziabad FLC: FL session at NCC Camp Baghpat FLC: FL Camp under Saansad Adarsh Gram Meerut FLC: FL session in SMSA Girls’ Inter College on on 27.07.2015 Yojana at Paldi Village on 28.08.2015 08.09.2015

Amroha FLC: FL Camp at Ramnagar Village on Hapur FLC: FL session at ITI, Simbholi on 02.11.2015 Mathura FLC: PMJDY Enrolment Mega Camp on 14.09.2015 09.05.2015 arranged by LDO, Syndicate Bank, Mathura Education should be so revolutionized as to answer the wants of the poorest villager, instead of answering those of an imperial exploiter. - Mahatma Gandhi