And issue debit cards to these students
Class XII Students of Chinmaya Vidyalaya celebrate after their results were out. (Photo: Pavan)
Chennai: To enhance financial capabilities of class 9 and 10 students in CBSE schools, the Board has asked schools to open individual bank accounts and issue debit cards to these students.
In a circular to principals of CBSE schools, M.V.V.Prasada Rao, director (vocational & Edusat), CBSE, said the board has taken a step forward to enhance financial capabilities of class 9 and 10 students and make them financially literate to maintain finances effectively in their day-to-day lives.
CBSE has taken forward the school bank champs project voluntarily started jointly by the Indian Banks’ Association with Child and Youth Finance International.
Rao also said under the project, all schools are required to choose a nearby bank for day-to-day interaction in enhancing financial knowledge of students apart from opening of individual bank accounts and issue of debit cards for these students.
( Source : deccan chronicle )
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