Regional Development Department (RDD) of the Central Bank of Sri Lanka (CBSL) focuses on promoting fianncial inclusion in Sri Lanka as entrusted by the Section 7 of the Central Bank of Sri Lanka Act No. 16 of 2023. RDD currently steers the National Financial Inclusion Strategy (NFIS) of Sri Lanka, the first ever national poliy effort to promote financial inclusion. Through these initiatives, it is expected to contribute to achieving one of CBSL's key objectives "Maintaining Financial Setor Stability" through promoting an inclusive and stable financial system. On a broader perspective, financial inclusion supports to achieve a balanced, equitable and sustainable economic growth. In achieving these objectives six Regional Offices of the CBSL play a predominant role while representing the CBSL at the regional level.
Financial literacy is defined as the combination of knowledge, attitude, and behavior necessary to make informed financial decisions and achieve financial wellbeing
