Financial literacy and Financial support from banks for new Entrepreneurs

On 30th December, 2021 a workshop was organized by the Entrepreneurship Development Cell & Institution’s Innovation Council in association with Department of Management studies on the title “Financial literacy and Financial support from banks for new Entrepreneurs” to the management Department students at 11:00 am. Mr.R. Mahalingam, Retired Senior Manager IOB, Mr.N. Parthiban, Financial Resources Counsellor and Mr.V. Mohankumar, RBI Lead district Officer of Tirunelveli Tenkasi, Tuticorin, Kanyakumari and Ramnad were invited as Guest speakers. Mr.R. Mahalingam spoke on the significance of being an entrepreneur. He also explained the opportunities available to the Entrepreneurs and the financial support from banks. Mr.N. Parthiban spoke on the various types of loan opportunities and the government schemes for starting a concern by the budding entrepreneurs. He also shared some startup ideas. Finally, Mr.V. Mohankumar motivated the students about the financial literacy and the RBI role in providing access to finance. This workshop was an eye opener for the participants and gathered information about the various funding opportunities available for the entrepreneurs to start a concern of their own.