IIFL Ceylon to launch '108 Mantras' for Financial Success
In line with the policies of the Sri Lankan government on financial
inclusion programs, "108 Mantras" for Financial Success, a unique
initiative to increase financial literacy is to be launched by IIFL
Ceylon at the opening ceremony of the 2013 Investment Day organized by
the Securities and Exchange Commission of Sri Lanka on July 6. In
appreciation of the major contribution towards greater financial
literacy, that this book will bring to the Sri Lankan people, the
Securities and Exchange Commission of Sri Lanka and the Colombo Stock
Exchange have extended all their support to this launch.
India Infoline Group's (IIFL) 108 Mantras which was specially
conceived and conceptualised under IIFL's FLAME (Financial Literacy
Agenda for Mass Empowerment) has now been customized for the financial
and cultural climate of Sri Lanka.
FLAME is IIFL's endeavor to reach out to as many people as possible
and address their queries and concerns with respect to all types of
financial services. The objective is to provide people from all walks of
life with simple but factual information on financial concepts and
processes so that they can make the right and informed decisions to
further their financial prosperity.
This book, which will be available in English, Sinhala and Tamil is
presented with comic illustrations for a wider reach. It covers the
major aspects of financial dealings of an individual's daily life as
many people have only a limited understanding of how to choose and use
available financial products to help enhance financial security, build
up wealth, ensure a comfortable life post retirement and, in particular,
how to avoid frauds and losses through dealing with unscrupulous agents
and schemes.
"The original initiative launched by IIFL India has been a huge
success as part of the financial literacy drive in an easy- to -grasp
way.
I am very excited with this new initiative to dispel the darkness of
financial illiteracy. Sri Lanka cannot grow at a sustained high pace
without greater financial inclusion and hence a significant investment
in financial literacy is no longer a policy option, but a compulsion."
said Priyani Ratna-Gopal, Country Head IIFL Ceylon. |