FLC (Financial Literacy Centre) by Regional Rural Banks (RRBs) is an initiative aimed at improving financial literacy and inclusion in rural areas of India. These centres are set up by Regional Rural Banks to educate people, particularly those from underprivileged communities, about various financial products and services. The primary objective is to help individuals make informed financial decisions, enhance their understanding of basic banking services, and promote responsible financial behavior.
FLCs are operated with the support of the NABARD (National Bank for Agriculture and Rural Development) and aim to bridge the financial knowledge gap in rural areas, ultimately fostering greater economic participation and well-being.