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Jnana JyothiFinancial Literacy and Credit Counselling Trust

ANNUAL REPORT 2015-16

Registered Office: Syndicate Bank Head Office BuildingMANIPAL – 576 104

Website: www.jnanajyothiflcc.com e-mail: [email protected] Tel: 91-820 2570172 Fax: 91-820 2570965

(Jointly sponsored by Syndicate Bank and Vijaya Bank)

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 FLC along with Sri Gopal S. Parvathi, AGM on 22.02.2016

Sri A.V. Ravindra Prasad, AGM, NABARD and Sri M. Muralidhar, Manager, RBI visited our Kalyanadurgam

FLC on 08.07.2015

FL programme at Neelakeni Girls’ High School by Sirsi FLC on 30.11.2015. Sri Laxmipathi, AGM, RBI Bengaluru

addressed the students

Ms. B.B. Sarojini, AGM, RBI, Hyderabad visited Kurnool FLC on 08.05.2015

During the visit of Sri Laxmipathi, AGM, RBI Bengaluru, Puttur FLC has conducted a Workshop for members of Self Help Groups at Kabaka Grama

Panchayat Hall on 23.03.2016

Sri J. Ramesh Babu, AGM, NABARD visited the Naidupeta FLC on 03.06.2015

Mathura FLC in association with LDO Mathura organized FL Camp at Paitha Gaon on 11.02.2016 which was attended by Sri Samir Samantara,

DGM, NABARD, Sri Deepak Narang, AGM, RBI, and other dignitaries

SRI I.N. RAGHAVENDRA BHATManaging Trustee

SRI N.T. HEGDESecretary

SRI H. SURESH PRABHUTrustee

SRI SATHEESHA A.S.Trustee

DR. RAMACHANDRA KAMATHTrustee

BOARD OF TRUSTEES

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Shikaripura FLC on 14.05.2015 by Sri G Lohit, Executive Officer of Taluk Panchayat, Shikaripura

Alur FLC on 21.08.2015 by Sri Siddaraju, Project Director, DRDA, Hassan

Sringeri FLC on 11.12.2015 by Sri T.V. Bhat, Managing Trustee of JJFLCC Trust

Holalkere FLC on 22.12.2015 by Sri Radhakrishnan Nair, CM of Syndicate Bank, RO, Shivamogga

Naidupeta FLC on 01.06.2015 by Sri G. Siva Shankar Reddy, RM of APG Bank

Arsikere FLC on 28.08.2015 by Sri K.M. Shivalinge Gowda, MLA, Arsikere

Raibag FLC on 15.12.2015 by Sri Aditya Mavinakurve, AGM (DD) of NABARD

Prithla FLC on 28.03.2016 by Sri S.M. Gorabal, 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

Kandukur FLC on 17.07.2015 by Sri D. Sampath Kumar Chary, Chairman of APG Bank

Sakaleshpur FLC on 29.10.2015 by Smt. K.A. Lolakshi, President, Taluk Panchayat, Sakaleshpur

Jamakhandi FLC on 16.12.2015 by Sri Narayana Yaji, RM of KVG Bank, Bagalkot

Farrukhnagar FLC on 29.03.2016 by Sri S.M. Gorabal, RM of Syndicate Bank, Faridabad

INAUGURATION OF NEW FINANCIAL LITERACY CENTRES

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FINANCIAL INCLUSION

Financial Inclusion – Progress at a glance

ANNUAL REPORT 2015-16

Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where those services are not available or affordable. Financial Inclusion has been embedded as an objective of economic policy in India since independence. Financial inclusion ranks high in the list of priorities of Reserve Bank of India. Accordingly, Banks were encouraged to pursue Board-approved 3-year Financial Inclusion Plan (FIP) for the period 2013-2016 to cover the un-banked villages with population of less than 2000 by March 2016.

Reserve Bank of India continued its efforts towards universal financial inclusion. Given the boost provided by the Pradhan Mantri Jan Dhan Yojana (PMJDY) in August 2014, considerable banking penetration has occurred, particularly in rural areas. However, significant number of banking outlets operates in branchless mode through Business Correspondents (BCs)/ Business Facilitators (BFs). Dominance of BCs in the rural areas can be gauged from the fact that almost 91 per cent of the banking outlets were operating in branchless mode as on March 31, 2015.

As on December 9, 2015, 195.2 million accounts have been opened and 166.7 million RuPay debit cards have been issued under PMJDY. The scheme was launched on 28th August, 2014 with the objectives of providing universal access to banking facilities, providing basic banking accounts with overdraft facility and RuPay Debit card to all households, conducting financial literacy programmes, creation of credit guarantee fund, micro-insurance and unorganized sector pension schemes. The objectives are expected to be achieved in two phases over a period of four years up to August 2018. Banks are also permitted to avail of Reserve Bank’s scheme for subsidy on rural ATMs. The objectives of the Financial Inclusion Plan (FIP) spearheaded by the Reserve Bank and PMJDY are congruent to each other.To ensure extension of banking facilities to all unbanked villages, about 4.90 lakh unbanked villages with population of less than 2,000 were identified by RBI and were allotted to Banks for coverage under the on-going Phase II of the roadmap for provision of banking facilities in unbanked villages. It is reported that more than 3.90 lakh villages were covered by 14,207 branches, 3.58 lakh BCs and 18,324 other modes, such as ATMs, Mobile Van etc.

Initiatives of Government of India:With the inception of PMJDY, Government of India have accorded top priority to the pursuit of financial inclusion. To increase the penetration of insurance and pension coverage in the country, the Government of India have launched some social security and insurance schemes, i.e., Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana and Atal Pension Yojana in May 2015. As on December 16, 2015, 92.6 million beneficiaries have been enrolled under the Pradhan Mantri Suraksha Bima Yojana and 29.2 million have been enrolled under Pradhan Mantri Jeevan Jyoti Bima Yojana. Further, 1.3 million account holders have been enrolled under Atal Pension Yojana.In order to integrate Financial Literacy with Skill Development, Government of India have advised the Banks to map the Industrial Training Institutes - Government & Private, Vocational Training Partners and Operational Centres with Financial Literacy Centres & Bank Branches. FLCs and Banks are required to provide free financial literacy on various financial products & services and create awareness on the advantages of being connected with the formal banking system. This will further enhance the career

Particulars Year ended Mar 2010

Year ended Mar 2014

Year ended Mar 2015

Progress April 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

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Jnana Jyothi Financial Literacy and Credit Counselling Trust, jointly sponsored by Syndicate Bank and Vijaya Bank, was established on 20.10.2010 with its Headquarters at Manipal, with the following objectives:1. To provide financial counseling services through face to face

interaction as well as through other available media like e-mail, mobile etc. as per convenience of the interested persons, including education on responsible borrowing, proactive & early savings and offering debt counseling to individuals who are indebted to formal and / or informal financial sectors.

2. To educate the people in rural and urban areas with regard to various financial products and services available from the formal financial sector.

3. To make the people aware of the advantages of being connected with the formal financial sector.

4. To formulate debt restructuring plans for borrowers in distress and recommend the same to formal financial institutions, including cooperatives, for consideration.

5. To take up any such activity that promotes financial literacy, awareness of the banking services, financial planning and amelioration of debt related distress of an individual.

The Trust, through the various Financial Literacy Centres opened in the District/Block centres allotted to the sponsor Banks by SLBCs/DCCs, is spreading financial literacy to the target groups by conducting awareness camps.Institutional Sponsors:Karnataka Bank Ltd. and Andhra Pragathi Grameena Bank (sponsored by Syndicate Bank) have since joined the Trust as Institutional Sponsors for opening FLCs in those centres allotted to them by respective SLBCs.Management:Sri T.V. Bhat, former General Manager of Syndicate Bank and one of the Founder Trustees, took over charge as Managing Trustee on 08.01.2015 and contributed significantly for the growth of the Trust till his demitting the office on 27.01.2016.The Author Bank has nominated Sri I.N. Raghavendra Bhat, retired General Manager of Syndicate Bank as Managing Trustee

for a period of 2 years and he assumed charge on 27.01.2016.The Management of the affairs of the Trust vests with the Board of Trustees. The Board of Trustees comprises1. Sri I.N. Raghavendra Bhat (former GM of Syndicate Bank),

Managing Trustee2. Sri H. Suresh Prabhu (former ED of South Indian Bank &

former GM of Syndicate Bank), Trustee3. Sri Satheesha A.S. (former GM of Vijaya Bank), Trustee4. Dr. Ramachandra Kamath (Professor, Department of Public

Health, Manipal University), TrusteeSri N.T. Hegde (former Dy. General Manager of Syndicate Bank and Chairman of erstwhile Gurgaon Gramin Bank), is the Secretary (Chief Executive Officer).Strategies AdoptedThe Financial Literacy Centres of the Trust provide free financial literacy and credit counseling services to existing and potential customers of all Banks.To achieve the objectives of the Trust, the following strategies have been adopted:1. Collecting vital statistics of block/village panchayats, such

as number & name of Villages, Schools, Colleges, Self Help Groups, Farmers’ Clubs etc. relevant to our activities.

2. Collecting Block-level banking data, details of Villages/Gram Panchayats allotted under Service Area Approach, un-banked villages of population of 2000 & above and below 2000, villages where BCs have been appointed.

3. Identifying and contacting District/Taluk level Government Departments, Development Agencies, Chief Executive Officers of Zilla Panchayats and Executive Officers of Taluk Panchayats, Agricultural Department, Social Welfare Department, DRDO, who are engaged in extension activities at village level.

4. Liaison with District Education Officer/Head of Educational Institutes to provide an opportunity to conduct financial literacy classes for students – from V Std to VII Std and from VIII to XII Std separately.

ABOUT THE TRUST

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

prospects and result in creation of financially literate citizens. The Mission Office of Government of India has also prepared and made available financial literacy material for imparting financial

literacy to the students of these skilling centres. The Mission Office is closely monitoring the programmes conducted through periodical reports.

FINANCIAL LITERACYApart from direct initiatives, the RBI’s efforts to expand financial literacy are channeled through Banks. In terms of latest instructions issued by RBI, Financial Literacy Centres and rural branches of Banks are required to conduct Financial Literacy Camps at least once a month with focus on financially excluded

people. Additionally, Banks are encouraged to conduct such camps in unbanked locations. The number of FLCs increased from 942 as at the end of March 2014 to 1181 as at the end of March 2015. The position of financial literacy activities of Financial Literacy Centres is furnished below:

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5. Associating with Training Programmes organized by Rural Development & Self Employment Training Institutes and other organizations engaged in similar activities.

6. Identifying active NGOs/Farmers’ Clubs and other local organizations for conducting Financial Literacy programmes.

7. Introduction of Annual Action Plan for each FLC to conduct/associate with financial literacy programmes at Village/Block levels.

8. Making available details of all relevant information on financial literacy in our Website.

Methodology of holding campaigns:Keeping in view the target groups who are illiterate and less aware of financial services, the Trust since its inception, believed that –(a) target groups cannot be expected to visit the FLCs as they

are located in the District/Tehsil headquarters, which involves cost and time, and

(b) it is not easy to mobilize people for giving financial literacy programmes.

We therefore adopted a policy to identify centres, places, organizations where target groups meet in villages, i.e. forums such as Gram Sabhas, village level meetings, Farmers’ Clubs, Self Help Groups & Anganwadi workers. Financial Literacy programmes have been conducted as per Reserve Bank of India syllabus, to educate the people about the need for saving, how to plan their expenditure, how to curtail unnecessary expenses, where to save their hard earned money etc. Communication through word of mouth, being the most effective way, was adopted to bring awareness of relevant financial products & services available from the Banks and insurance companies by associating ourselves with the meetings/programmes organized by various forums.In Schools, Colleges, Self Employment and other Training Centres, regular class room sessions were taken making power point presentation wherever possible apart from distribution of relevant publicity literature and display of posters on financial products & services.The Financial Literacy material provided by RBI was made available to all the FLCs and they were advised to conduct the programmes as per RBI guidelines in three phases.

A brief account of performance of the Trust for the year ended 31.03.2016 is as under:Opening of Financial Literacy Centres: Trust opened 12 new centres during the year 2015-16. There were total 79 Financial

Literacy Centres in the States of Karnataka (47), Kerala (8), Andhra Pradesh (10), Uttar Pradesh (8), Haryana (5) and U.T. of Lakshadweep (1). The Bank-wise and State-wise spread of FLCs are as under:

PERFORMANCE OF THE TRUST

State Syndicate Bank

Vijaya Bank

Karnataka Bank

Andhra Pragathi Grameena Bank Total

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:The constant rapport and liaison with various development agencies at District/Taluk/Gram Panchayat level, educational institutions and various other organizations, have facilitated to conduct/associate with financial literacy campaigns since its

inception in October 2010.The year-wise performance during the last 5 years is given in the following table, indicating a steady increase in number of awareness programmes and also number of participants/ beneficiaries:

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

No.of people 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

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

Target Group

Karnataka

(47 Centres)

Kerala (8 centres) &

Lakshadweep (1 centre)

Andhra Pradesh

(10 Centres)

Haryana (5 Centres)

Uttar Pradesh

(8 Centres)

GRAND TOTAL

(79 Centres)

No. of Prog.

Persons partici-pated

No. of Prog.


No. of Prog.


No. of Prog.


No. of Prog.


No. of Prog.


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 Financial Literacy Centres have organized 5,539 campaigns in villages covering 1,94,564 villagers, 4,419 programmes for SHGs comprising 1,11,834 members, 370 Farmers’ Clubs benefitting 14,192 farmers, 1,188 programmes in Self Employment Training Institutes covering 43,061 persons, 887 programmes for 25,529 Anganwadi workers, 5,033 programmes in Primary Schools/High Schools/Colleges covering 2,88,374 students, associated with rural branches of Banks in 889 camps covering 46,077 persons and 7,726 campaigns covering 1,39,554 persons belonging to other target groups comprising women, unemployed youth, rural service organizations etc. These Financial Literacy Centres have also enrolled over 2,30,000 people under Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima

Yojana and Atal Pension Yojana, with various Banks. The Trust is also making efforts through its centres to achieve 100% financial literacy in villages under Saansad Adarsh Gram Yojana and Synd Samagra Grama Vikas Yojana.

Mapping of Skilling Centres with the FLCs: The Financial Literacy Centres have started conducting camps in Government & Private Industrial Training Institutes, Vocational Training Partners and Operational Centres through out the country to provide information on Micro Enterprises, Small & Medium Enterprises and Prime Minister’s MUDRA Yojana to support the ‘Make in India’ Campaign.

The State-wise position of Skilling Centres mapped with our FLCs, sessions conducted and students covered as at the end of March 2016 is as under:

Name of the State No. of Skilling Centres No. of Skilling Centres mapped

No. of sessions conducted

No. of students 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

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Credit Counseling: Credit Counseling comprises (a) preventive credit counseling and (b) curative credit counseling. As per RBI guidelines, for

curative credit counseling, Centres have to obtain mandate from the Banks to extend Credit Counseling services to borrowers. The Centres have been able to extend preventive counseling to 14,065 people.

SPECIAL EVENTS1. Visit of Government of India official:

Sri Sudhir Shyam, Director, Ministry of Finance, Govt. of India, New Delhi visited Kurnool on 11.04.2015 and had interaction 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

Sri Manish Gupta, Director, Dept of Financial Services, Ministry of Finance, Government of India, New Delhi visited our Anekal

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.

2. Release of Annual Report of the Trust:

Sri Arun Shrivastava, Managing Director and CEO of Syndicate Bank, visited the Central Secretariat of the Trust on 25.06.2015 along with Sri K.T. Rai, FGM & Sri K. Sathosh Kamath, GM of 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 a few suggestions to fully literate the people in financial aspects and ways & means to saturate the financial literacy.

3. Visit of Ministers / MPs:

Sri Prahlad Joshi, Hon’ble Member of Parliament visited the Stall installed by Dharwad FLC at Kala Bhavan, Dharwad on the

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 M.Venkaiah Naidu, Hon’ble Union Minister for Parliamentary 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

on the occasion of programme arranged by the District Authority for paying `20 lakh towards Suraksha Bima Yojana for 10,000 SHG members on the eve of Raksha Bandhan. The Counselors explained to the Hon’ble Minister about establishment & progress of the Trust and also the activities undertaken by the FLC.

4. Visit of RBI/NABARD and other officials:

Sri R.N. Dash, Regional Director, RBI, Hyderabad visited the Stall put up by our FLC Adoni at Mantralayam

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on 21.08.2015 along with his wife Mrs. Dash, Sri B. Venkateswara Rao, RM, SBI, Sri V.C.K. Prasad, RM,

APG Bank, Kurnool. The Counselors greeted them and explained about the activities of the FLC.

RBI Regional Director of Kerala, Sri Nirmal Chand visited our Kasaragod FLC on 07.09.2015 along with Sri Ramesh

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, Hyderabad arranged a Public Information Campaign under

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

Magistrate Sri Narendera Shankar Pandey and Chief Dev. Officer of Baghpat Sri J.P. Rastogi visited the stall on

23.12.2015 and appreciated the good work done by FLC in propagating financial literacy in the District.

Smt. Surekha Mund, Banking Ombudsman, Karnataka visited the Stall put up by our Sakaleshpur FLC on

25.02.2016 on the occasion of Outreach programme 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

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Syndicate Bank, Kanajar Branch, arranged financial literacy programme in the Church Auditorium, Kanajar on 30.03.2016. The programme was attended by Sri Laxmipathi, Asst. General Manager of Reserve Bank of India, Bengaluru.

5. Field Level Financial Literacy Event – FLARE-UP at Vijayapura: Reserve Bank of India, Financial Inclusion and Development Department, Bengaluru arranged a Field Level Financial Literacy Event – FLARE-UP on March 11, 2016 at Sri Kandagal Hanamantharaya Rang Mandir, Vijayapura. The objective of the programme was to spread financial literacy,

foster financial inclusion, create awareness on not falling prey to deposit acceptance by unauthorized entities, to highlight features of currency notes, procedure for exchange of cut notes, experience sharing by successful SHGs and entrepreneurs.

A number of Stalls were put up by various Banks. Our Vijayapura and Indi FLCs have also put up a Stall during the programme and Sri N.T. Hegde, Secretary of the Trust attended the programme. There was a gathering of more than 500 people.

6. Republic Day Award to Jnana Jyothi FLC, Nellore:

The Counselors of our Nellore FLC received Award from the

District Collector Smt. M. Janaki IAS, on the 67th Republic Day celebrations on 26-01-2016 for outstanding services in the field of spreading financial literacy. This is the 2nd consecutive award received from the District Collector for the best services rendered by our Nellore Centre.

Monitoring of Financial Literacy Centres:

The working of the FLCs is monitored by the Central Secretariat of the Trust by reviewing their Monthly Reports which covers key areas of performance, visits to Centres by the Managing Trustee, Secretary and Asst. Secretary and by keeping constant touch on Phone/Internet communications.

Syndicate Bank has issued instructions to its Lead District Managers to oversee the functions of Financial Literacy Centres sponsored by them. The LDMs guide the Counselors suitably.

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 FLCs in U.P. and 2 FLCs in Haryana attended the meeting.

Publicity Literature:

The Trust has brought out simple literature on important financial products and services separately for students & adults and special pamphlets on loan schemes in vernacular languages – Kannada, Malayalam, Telugu, Hindi & English. Besides, our FLCs are also using the Financial Literacy material brought out by Reserve Bank of India for conducting the financial literacy camps.

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 Development & Self Employment Training Institutes:

Reserve Bank has indicated in its circular dated 04.02.2009 that while the FLCs would provide financial literacy and credit counseling, the activities of the Rural Development and Self Employment Training Institutes (RUDSETI), towards skill development/capacity building could be dovetailed with FLCs’

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initiatives. The Trust has liaised with Author Banks who have advised the Self Employment Training Institutes sponsored by them to associate our FLCs in their training programmes to provide financial literacy knowledge to the participants.

During the year, our Financial Literacy Counselors have -

( i ) associated themselves for disseminating financial literacy to the trainees in the various programmes of

(a) 15 SyndRSETIs sponsored by Syndicate Bank at Manipal, Kumta, Belagavi, Ballari, Meerut, Mathura, Amroha, Moradabad, G.B. Nagar, Baghpat, Kurnool, Kadapa, Faridabad, Nuh and Kavaratti;

(b) 2 VIBSETIs sponsored by Vijaya Bank at Mandya and Haveri; and

(c) 9 RUDSETIs sponsored jointly by Syndicate Bank, Canara Bank and Shri Dharmasthala Manjunatheshwara Educational Trust at Ujire, Brahmavar, Dharwad, Vijayapura, Ananthapuramu, Vetapalem, Ghaziabad, Gurgaon and Kannur.

( i i ) Conducted financial literacy sessions for newly elected Panchayat members at Taluk/ Zilla Panchayat Offices.

( i i i ) Participated in the meetings of Business Correspondents convened by Banks.

( iv ) Associated in the Financial Literacy programmes organized by rural branches of Banks.

Training:

In order to enhance the knowledge for spreading financial literacy and popularise various social benefit schemes announced by the Ministry of Finance, Govt. of India, the Trust in association with Syndicate Institute of Bank Management, Manipal has conducted two-day training programme for Financial Literacy Counselors, on 25th and 26th September 2015 at SIBM Manipal. The training programme was inaugurated by Sri Vivek Deep, General Manager, FIDD, Reserve Bank of India, Bengaluru. The training programme was attended by 34 Counselors from Karnataka, Kerala, Andhra Pradesh, Haryana and Uttar Pradesh States.

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:

Sl. No. Date Venue Particulars

No. of Counselors participated

01 15 & 16.04.2015

Syndicate Bank STC, Bengaluru

TTP on Capacity Building of Bank Mitras/ BCs/ BFs organized by SLBC Karnataka in association with IIB&F, Mumbai.

1

02 05 & 06.06.2015

PNB Regional Staff College, Panchkula.

TTP on Capacity Building of Bank Mitras/ BCs/ BFs organized by SLBC Haryana in association with IIB&F, Mumbai.

2

03 09 & 10.06.2015

Bank of Baroda Training Centre, Lucknow

TTP on Capacity Building of Bank Mitras/ BCs/ BFs organized by SLBC Uttar Pradesh in association with IIB&F, Mumbai.

1

04 15 to 17.06.2015

Bankers’ Institute of Rural Development, Lucknow Programme on Capacity Building for FLC Counselors 2

05 02 & 03.07.2015

Bank of Baroda Training Centre, Lucknow

TTP on Capacity Building of Bank Mitras/ BCs/ BFs organized by SLBC Uttar Pradesh in association with IIB&F, Mumbai.

2

06 31.08.2015 Syndicate Bank STC, Bengaluru

Training programme on IBA-CYFI School Bank Camps Project 25

07 09.10.2015 Vijaya Bank STC, Bengaluru

Training programme for Counselors of FLCs sponsored by Vijaya Bank in Karnataka, on School Bank Champs Project.

20

08 19 to 21.10.2015

Bankers’ Institute of Rural Development, Mangaluru Programme on Financial Inclusion sponsored by NABARD. 4

09 17.12.2015 Hotel Fortune Murali Park, Vijayawada

Workshop by RBI Hyderabad for FLCs and Directors of RSETIs of Andhra Pradesh to review their functioning and to discuss related issues.

10

10 28 to 30.12.2015

Bankers’ Institute of Rural Development, Mangaluru

Capacity Building programme for FLC Counselors by NABARD. 5

11 27 to 29.01.2016

Bankers’ Institute of Rural Development, Mangaluru

Train the Trainers Programme for Financial Literacy Counselors. 20

12 21.03.2016 Bankers’ Institute of Rural Development, Mangaluru

Faculty Development Programme for Financial Literacy Counselors and Directors of RSETIs. 5

10

Manpower

Each Centre has been provided with two Counselors, preferably retired Bank officers. The Counselors are appointed on annual contract basis, spelling out clearly their duties & responsibilities and out-door duties of minimum 10 days per month for each counselor. Wherever the Trust has not been able to get suitable retired officers, particularly in Taluk/ Block level centres, young graduates with computer proficiency were appointed. The Trust has engaged the services of 155 Financial Literacy Counselors on contract basis (89 retired Officers and 66 fresh graduates) at various Centres. As on 31st March 2016, the total number of manpower on service contract is 164, which includes 7 staff at Central Secretariat and 4 Part-Time Helpers at 4 FLCs managing FIRCs.

Funding of the Trust

The Trust and its activities are being funded by author Banks and the Banks who have given institutional

sponsorship. While the capital and revenue expenditure of individual FLCs have been borne by the respective sponsor Banks, the expenses of Central Secretariat is shared on prorata basis in the ratio of number of FLCs at the end of previous financial year.

Annual Accounts of the Trust

The Trust has incurred Capital Expenditure of ̀ 11.10 lakh and Revenue Expenditure of `308.60 lakh during the year under report. The Audited Balance Sheet, Income & Expenditure Account and Receipts & Payments Account for the year ended 31.03.2016 are appended.

Meetings of Board of Trustees

The Trust has conducted 5 meetings of Board of Trustees on 30.04.2015, 30.07.2015, 09.11.2015, 20.11.2015 and 27.01.2016 as required by Schedule I of the Trust Deed, at its Central Secretariat at Syndicate Bank Head Office Building, Manipal.

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 (`)31.03.2015 Funds & Liabilities Amount (`)

31.03.2016Amount (`)31.03.2015 Assets Amount (`)

31.03.2016

70000.00

3990843.00

2893357.36

1309191.22

279100.0013483.0010210.00

0.00

FUNDSCorpus Fund

Capital Fund 7995026.36Less: Excess of Expenditure over income 3818204.36RESERVES & SURPLUSDepreciation ReserveADVANCESAdvance from Author Banks & Sponsor BanksPROVISIONSE P F PayableAudit FeesSalary PayableComputer Consumables & Repair

49000.00

4176822.00

3818204.36

474814.17

368884.0025800.00

0.009000.00

6772043.36

112157.00

13777.57

366932.50915994.14286362.01

96024.002894.00

FIXED ASSETS

CURRENT ASSETSSundry Deposits

Tax Deducted at Source

CASH IN HAND & BANK BALANCESIn Vijaya Bank SB 674In Syndicate Bank SB 8280In Syndicate Bank SB 13839Fixed Deposits with Syndicate BankCash-in-Hand

7868949.36

126077.00

1541.57

525885.50224390.71

64338.95106526.44

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

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 (`)31.03.2015

EXPENDITURE Amount (`)31.03.2016

Amount (`)31.03.2015

INCOME Amount (`)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

12

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31-03-2016Amount (`)31.03.2015 RECEIPTS Amount (`)

31.03.2016Amount (`)31.03.2015 PAYMENTS Amount (`)

31.03.2016

1279.00397994.04260353.5072614.87

24417017.6611200000.00

3000.001046123.00

0.00178823.5813500.00

0.001000000.00

To Opening Cash-in-HandTo Syndicate Bank SB 8280To Vijaya Bank SB 674To Syndicate Bank SB 13839To Funds from Author / Sponsor BanksTo Synd Suvidha AccountTo ComputerTo EPF Collected To Interest on IT refundTo Interest ReceivedTo Rent AdvanceTo Tax Deducted at SourceTo Vijaya Bank VSU Account

2894.00915994.14366932.50286362.01

30842463.0018500000.00

0.001827144.00

2386.00280794.18

3000.0012236.00

1200000.00

38830.0011236.0013483.00

0.004152.00

584393.0065926.00

0.0047538.0066785.00

1969537.0071155.0069698.0047426.00

928062.0085787.0014166.00

0.000.00

450263.0081116.00

126107.002500.005000.00

780925.0069399.00

1663753.0022500.00

15680474.000.00

60000.00625140.00

10510.001422662.00

2894.0011000000.00

1000000.00366932.50286362.01915994.14

By AdvertisementBy Audit Fees Payable PaidBy Audit Fees By Funds from Sarva Haryana Gramin BankBy Bank ChargesBy Computer PurchaseBy Computer consumable and RepairBy Corpus FundBy Electrical FittingsBy Electricity ChargesBy EPF PaidBy EPF Payable PaidBy EPF Interest & Penal DamagesBy Fire Insurance PremiumBy Furniture and FittingsBy Inaugural ExpensesBy Meeting ExpensesBy Miscellaneous ExpensesBy Mobile PhoneBy Office ExpensesBy Postage and CourierBy Printing and StationeryBy Profession Tax Registration FeesBy Professional ChargesBy Publicity & Promotion ExpensesBy Publicity Van ExpensesBy RentBy Rent AdvanceBy SalaryBy Salary Payable PaidBy Sitting FeesBy Telephone ChargesBy Telephone DepositBy Travelling Expenses and ConveyanceBy Cash-in-HandBy Synd Suvidha AccountBy Vijaya Bank VSU AccountBy Vijaya Bank SB 674By Syndicate Bank SB 13839By Syndicate Bank SB 8280

7000.0013483.0028989.00

340.321052.35

480854.00103647.00

21000.0032838.00

108162.003481567.00

279100.0018962.00

2267.00572514.00

43800.0018032.0031301.0010700.00

505648.0091962.00

167898.002500.00

0.001352245.00

46872.002061301.00

5000.0020689055.00

10210.0041000.00

703846.0011920.00

2775710.004815.00

18500000.001200000.00

525885.5064338.95

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/xPlace: 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, MangaluruF.R.N. 003787 S

Sd/x(CA I.V. Sharma)

M.No.018845

Date: 3rd May, 2016

13

JNANA JYOTHI FINANCIAL LITERACY CENTRESKARNATAKA STATE

K R PURAMLakshmi Complex, Old Madras Road,

K.R. Puram, Bengaluru – 560 [email protected]

Tel: 080-25610711

CHANNAGIRII Floor, Samarthya SoudhaTaluk Panchayat Compound

Channagiri – 577 213, District: [email protected]

Tel: 08189-227006

MALURTaluk Panchayat Old Building

Malur – 563 130, District: [email protected]

Tel: 08151-232077

UDUPII Floor, Mukund Nivas,

K.M. Marg,Udupi – 576 101

[email protected]: 0820-2529331

MANGALURUSyndicate Bank Bldg,

Light House Hill Road, Hampankatta, Mangaluru – 575 001


KUMTA1st Floor, Regional Office, KVG Bank,

Baggaon Cross, Kumta – 581 343


BELAGAVIS.G.S.Y. Commercial Complex

APMC Road, Nehru Nagar, Belagavi – 590 010


BAGALKOTKarnataka Farmers’ Resource Centre, BVV Sangha’s Spinning Mill Complex,

Gaddanakeri Road, Bagalkot – 587 102 [email protected]

Tel: 08354-244011

VIJAYAPURAKhanapur Complex, HUDCO Bus-stand,

Jalnagara, Vijayapura – 586 101


BALLARIZilla Panchayat Office, Fort, Ballari – 583 102 [email protected] TeleFax: 08392-268009

BANTWAL‘Sri Ganesh Prasada’,

B.C.Road, Bantwal – 574 219 [email protected]: 08255-230255

KARKALAOpp: Taluk Panchayat Complex,

Karkala – 574 104 [email protected]

Tel: 08258-230438

SIRSI1st Floor, Mahalasa Complex, Veerasavarkar

Marg (Court Road), Sirsi – 581 401 District: Uttara Kannada,


KUNDAPURTaluk Panchayat Building, 1st floor, Shastri Circle, Kundapur – 576 201

District: Udupi [email protected]

Tel: 08254-233334

KUNDGOLPattanapanchayat Employees’

Assn. Bldg, Kundgol – 581 113 District: Dharwad

[email protected] Tel: 08304-290088

BELTHANGADYShop No.1, SGSY Commercial Complex,

Taluk Panchayat, Court Road, Belthangady – 574 214, Dakshina Kannada


BHATKALTaluk Panchayat Office,

Main Road, Bhatkal – 581 320District: Uttara [email protected]

Tel: 08385-225338

KARWAR1st Floor, Samarthya Soudha, Taluk Office

Compound, Karwar – 581 301District: Uttara [email protected]

Tel: 08382-227565

RAMDURGTaluk Panchayat Building

Ramdurg – 591 123, District: [email protected]

Tel: 08335-242944

SULLIATaluk Panchayat Building,

Ground Floor, Sullia – 574 239District: Dakshina Kannada


PUTTURKabaka Grama Panchayat Bldg, Kabaka,

Puttur – 574 220District: Dakshina Kannada


KOLLEGALNagappa Building, I Floor,

Opp. Tahasildar’s Office, Kollegal–M.M.Hills Rd, Kollegal–571 440 District: Chamarajnagar


ATHANINear Taluk Panchayat Guest House

MLA’s Office Building, Athani-Miraj Road, Athani – 591 304 District: Belagavi


BYADGIStall No.3, Taluk Panchayat Commercial

Stalls Complex, Kakol RoadByadgi – 581 106, District: Haveri


HANAGALB V Kalal & Sons Building

T.G. Road, Near JMFC CourtHanagal – 581 104, District: Haveri


INDII Fllor, Gajanan Nivas,

Sindgi Road, Indi – 586 209District: Vijayapura


TIPTURTaluk Panchayat Building

Railway Station RoadTiptur – 572 201, District: Tumkur


ANEKALGround Floor, Samarthya Soudha, Taluk Panchayat Office Building,

Anekal – 562 106, District: Bengaluru Town [email protected]

Tel: 080-27859905

MUNDARGII Floor, TMC No.616/1, Ward No.I,Opp: Kote School, Gadag Road

Mundargi – 582 118, District: [email protected]

Tel: 08371-262511

KUSTAGIRajiv Gandhi Seva Kendra Bldg,

Taluk Panchayat Compound,Kustagi – 584 121, District: Koppal


SHIKARIPURARoom No.5, II Floor,

Taluk Administrative Bldg., Taluk Office Road, Shikaripura–577 427, Shivamogga Dist.


ALURSri Veerabhadreshwara Swamy Nilaya,

Hale Santhe Beedhi, Near Old Court Circle, B.M. Road, Alur – 573 213, Hassan District,


ARSIKERE I Floor, Samarthya Soudha

Taluk Panchayat Compound, B.H. Road, Arsikere – 573 103, Hassan District


SAKALESHPURGround Floor, Meeting Hall Bldg,

Taluk Panchayat Compound, Sakaleshpur – 573 134,Hassan District


SRINGERIFirst Floor, Pandith Complex, Keredande

Circle, Near Bus Stand, Sringeri – 577 139 Chikmagalur District


RAIBAGI Floor, Taluk Panchayat Bldg,Main Road, Raibag – 591 317,

Belagavi District [email protected]

Tel: 083312-225240

JAMAKHANDI I Floor, Nadaf Building,

Tipu Sultan Circle, Kunchanur Road, Jamakhandi – 587 301, Bagalkot District


HOLALKEREII Floor, Sri Krishna Nilaya,

J.C. Extension, Holalkere – 577 526, Chitradurga District


MANDYAOld Nehru Yuva Kendra Building,

Behind DC Office, Mandya – 571 401


HAVERIGround Floor, Kruti Complex,

Opp: LIC Office, P.B.Road, Haveri – 581 110


DHARWADHunsemarad Complex,

Gandhinagar, Dharwad – 580 004


MADDUROld Meeting Hall,

Taluk Panchayat Bldg, Maddur – 571 428, District: Mandya


NAGAMANGALATaluk Panchayat Building, Nagamangala – 571 432

District: Mandya, [email protected]

Tel: 08234-285229

SIDDAPURTaluk Panchayat Building,

Siddapur – 581 355 District: Uttara Kannada


YELAHANKATaluk Panchayat Office Building (NES)

Doddaballapur Road, Yelahanka New Town, Bengaluru – 560 106


K R NAGARTaluk Panchayat Office Compound,

Mysuru-Hassan Road,K.R. Nagar – 571 602, District: Mysuru


SORABSite No. 45, KSGEA Building,

Sorab –Ulavi Road, Near Post Office, Sorab – 577 429


14

ANDHRA PRADESH STATE

KERALA STATE

HARYANA STATE

U.T. OF LAKSHADWEEP

ANANTHAPURAMUNo. 13/117 DCMS Road,

Kamalanagar, Ananthapuramu – 515 001


KURNOOLZilla Praja Parishad Complex,

Park Road, Kurnool – 518 001


KADAPASyndicate Bank Bldg, II Floor,

Seven Roads, Kadapa – 516 001


ONGOLECollectorate Office, Prakasam Bhavan, Ongole – 523 001


NELLOREDr Ambedkar Welfare Bhavan, 1st Floor,

District SC Corporation Wing, Subedarpet, Nellore – 524 001


VELLATURUVellaturu Village & Post – 516 216

Pendlimarri Mandal, District: YSR (Kadapa) [email protected]

Tel: 08562-233786

KALYANADURGAMDoor No.7/237/3, Valmiki Circle,

Kalyanadurgam – 515 761 District: Ananthapuramu


ADONIMandal Praja Parishad Complex

Adoni – 518 301, District: Kurnool


KANDUKURD.No.20-1-117, I Floor,Daram Sree

Ramulu Complex, Govt. Hospital Road, Kandukur – 523 105, Prakasam District

[email protected] Tel:.08598-221116

NAIDUPETAAndhra Pragathi Grameena Bank Bldg

Naidupeta – 524 126, Nellore District

[email protected] Tel.No.08623-248546

FARRUKHNAGARShop No.1, Ward No.10

Farrukhnagar MunicipalityFarrukhnagar – 122506, Gurgaon District


KAVARATTIC/o LDM’s Office of Syndicate Bank

Kavaratti – 682 [email protected]

Tele: 04896-262424

KANNUR‘Surag’ Bldg, 1st Floor, Podikundu,

Post Pallikunnu, Kannur – 670 004,


KASARAGODArun Complex, Old NH-17,

Anangoor, Kasaragod – 671 121


UZHAVOORUzhavoor Block Office Bldg,

Kozha P O, Kuravilangad – 686 633, District: Kottayam


VAZHAKULAMVazhakulam Block Panchayat Building,

South Vazhakulam – 683 105District: Ernakulam


KODAKARA SGSY Building, Kodakara Block

Panchayat Compound Pudukad – 680 301, District: Thrissur


PERUMKADAVILABlock Panchayat Building Perumkadavila – 695 124

District: Thiruvanathapuram [email protected]

Tel: 0471-2275036

PERAVOORBldg.No.KP 25F, Vyapara Bhavan,KVVES Building, Nedupuramchal,

PO Poolakutty – 670 650, District: [email protected]

Tel: 0490-2448850

KONDOTTYCity Tower, Near Police Station,

Chungam, PO Kondotty – 673 638District: Malappuram


FARIDABADSyndRSETI Bldg, H.No. 911,

Sector 15A, Faridabad – 121 007


MEWAT (NUH)SyndRSETI Building, No: 109,

Anaj Mandi, Nuh – 122 107, District: Mewat


RADAURDoor No.1300, Ward No.14,

Near Syndicate Bank, Anaj Mandi Road, Radaur – 135 133, District: Yamunanagar


PRITHLAOpp: Syndicate Bank, Chhaprola Road

Prithla Village & Post – 121 102Palwal District


15

UTTAR PRADESH STATEMATHURA

I Floor, Room No.F-3, Rajiv Bhavan, Civil Lines,

Mathura – 281 [email protected]

Tel: 0565-2470242

MEERUT269, Opp Suraj Kund,

Baba Manoharnath Mandir, Meerut – 250 002


MORADABADNear Mandi Samiti Gate, Line Par, Majhola,

P.O. Power House Majhola Moradabad – 244 001


AMROHAOpp: Amroha Green Colony,

Joya Road, Amroha – 244 221District: Amroha


GHAZIABADRDC 9, Rajnagar, Near Court Gate,

Ghaziabad – 201 002,[email protected]

Tel : 0120-2820103

G B NAGARShop No: 119, Dadri Road,

Near Police Chowky, Surajpur,Greater Noida – 201 306, District: GB Nagar


BAGHPATDRDA Building, Collectorate,

Baghpat – 250 [email protected]

Tel: 0121-2222913

HAPURSarvodaya Colony, Assoda Road,

Near Police Station, Hapur – 245 101


Activities of our Financial Literacy Centres

Kurnool FLC: FL session at Govt. ITI College, Srisailam on 04.11.2015 Kadapa FLC: FL session for trainees at Synd RSETI, Kadapa on 13.06.2015

Ongole FLC: FL session for participants of BC/BF Course at RUDSETI, Vetapalem on 15.06.2015

Vellatur FLC: FL camp jointly with K G Penta Branch of APG Bank on 26.05.2015

Mewat (Nuh) FLC: FL camp for villagers on 18.08.2015 at Kurthla

Sullia FLC: FL Programme for villagers at Kodialbailu on 03.09.2015

Anekal FLC: FL programme on Social Benefit Schemes at Anekal on 03.09.2015

Bagalkot FLC: FL camp at Adarsh Colony, Navnagar on 18.09.2015

Bhatkal FLC: Inauguration of Stall put up at Krishi Mela, Bhatkal, by Sri Mankala S Vaidya, MLA and Sri J D Naik, Ex MLA on 28.11.2015

Tiptur FLC: Conducted FL Quiz for students during their Annual Day celebration on 25.11.2015 and distributed prizes for winners

Kustagi FLC: FL camp on PM’s Social Security Schemes in Revanki Village on 20.06.2015

Mangaluru FLC: Programme under IBA-CYFI at the school adopted by Syndicate Bank, Hampankatta, Mangaluru on 08.09.2015

Mundargi FLC: Awareness Camp on PMJDY at Mevundi on 21.04.2015

Radaur FLC: FL programme on Insurance products at Khajuri village on 05.09.2015

Faridabad FLC: FL camp with SOS NGO (Women Empower-ment) at Dhiraj Nagar Slum, Faridabad on 27.01.2016

Kalyanadurgam FLC: FL camp at Bachehalli Village for SHG Farmer members on 07.09.2015

Kandukur FLC: FL session in the Pensioners’ Meet arranged by SBI on 04.09.2015

KARNATAKA

HARYANA

ANDHRA PRADESH

16

Activities of our Financial Literacy Centres

Nagamangala FLC: F L for physically challenged persons on 07.12.2015

Ramdurg FLC: FL programme on Social Benefit Schemes to LIC Employees on 07.09.2015

Maddur FLC: FLP on Social Benefit Schemes to newly elected GP members on 04.09.2015

Ballari FLC : FL session in the e -Payment Literacy presentation & workshop in Sept 2015

Uzhavoor FLC: FL Programme at Block Panchayat Auditorium on 04.09.2015

Ghaziabad FLC: FL session at NCC Camp on 27.07.2015

Amroha FLC: FL Camp at Ramnagar Village on 14.09.2015

Baghpat FLC: FL Camp under Saansad Adarsh Gram Yojana at Paldi Village on 28.08.2015

Hapur FLC: FL session at ITI, Simbholi on 02.11.2015

Meerut FLC: FL session in SMSA Girls’ Inter College on 08.09.2015

Mathura FLC: PMJDY Enrolment Mega Camp on 09.05.2015 arranged by LDO, Syndicate Bank, Mathura

Kodakara FLC: FL camp in association with Syndicate Bank, Mattathur in tribal colony on 22.09.2015

Perumkadavila FLC: Special Outreach programme at Venganur Uchakkada on 12.03.2016

Kannur FLC: FL session at Tribal Welfare Office on 09.09.2015

Kasaragod FLC: F L camp at Bambrana on 14.06.2015

Indi FLC: FL session for students of MES ITI, Chadchan on 04.11.2015

Arsikere FLC: F L programme for students of Govt. ITI, Arsikere on 03.11.2015

KERALA

UTTAR PRADESH

KARNATAKA

Education should be so revolutionized as to answer the wants of the poorest villager, instead of answering those of an imperial exploiter.

- Mahatma Gandhi

annual report 2015-16 - jnanajyothijnanajyothiflcc.com/.../2016/09/annual-report-2015-16.pdfjnana...

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