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Our Correspondent Mokokchung, Oct. 10 (EMN): Chief manager, financial inclusion, RBO Mokokchung, Kreho Athili, on Monday asserted that Nagaland financial situation is in a sorry state because fresh notes released by banks go outside the state at a fast pace without circulating in the state. In this regard, Athili said it is time for the Nagas, especially the youths to have a holistic knowledge of financing and the banking system to be able to thrive in the modern world. The chief manager was speaking as the resource person at the financial literacy camp organised by the Ongpangkong Students’ Conference (OKM) in collaboration with NABARD and financial inclusion department, SBI, at Peoples College, Mokokchung. Athili stressed that people have to go for digital banking because the world is going digital and without physical branches, all banking works are now done from home. He also enlightened the audience about the various benefits of the Pradhan Mantri Suraksha Bima Yojna (PMSBY), Atal Pension Yojna (APY), and Pradhan Mantri Jeevan Jyoti Bima Yojna (PMJJBY) schemes, which are made easily accessible to the people by the government for life insurance, pension, and accidental death insurance. The banker also remarked that a bank can improve a...

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