
IIFL is a leading diversified financial services company and creating a financially aware and literate population we feel is our moral obligation. More so because, because financial literacy is an adjunct to promotion of financial inclusion and ultimately financial stability and as per global survey by Standard & Poor, India is home to 17.5% of the world’s population but nearly 76% of its adult population does not understand even the basic financial concepts. Financial Literacy is hence an immediate priority and connecting the poor to formal financial systems is the need of the hour.
IIFL Foundation through its program FLAME (Financial Literacy Agenda for Mass Empowerment) conducts financial literacy programs and follows this up with financial inclusion by supporting the poor in connecting them with banks as well as educating them on using smart phones and apps like BHIM and UPI etc. and become digitally literate. In the past 5 years Flame has touched the lives of millions of people across India.
Current & Past Project Areas for FLAME: