This story is from May 8, 2012

Young account holders praised for big savings

With 850 account holders, including 479 girls and 371 boys, the children's bank of Vishal Bharat Sansthan (VBS) celebrated its fourth anniversary at Lallapura area on Monday.
Young account holders praised for big savings
VARANASI: With 850 account holders, including 479 girls and 371 boys, the children's bank of Vishal Bharat Sansthan (VBS) celebrated its fourth anniversary at Lallapura area on Monday. According to Rajeev Srivastava, president VBS, the children's bank was established in 2008 with the purpose of promoting the habit of money saving among the children coming from poor families of weavers, boatmen, and rag-pickers.
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Some account holders of children's bank were felicitated for their judicious use of money and savings. A seminar was also organised on the occasion.
Chief guest, Gyan Prakash, senior manager, Allahabad Bank, Maldahiya branch, said that if 25-30 crore children of the country would save even Rs 1 on a regular basis, they can help in the economic empowerment of the nation. Anita Choudhary, president of women's club, Bharat Heavy Electrical Limited (BHEL), Amitabh Bhowmick, senior manager, Punjab National Bank, Afreen Bharatvanshi, Puja Bharatvanshi, Nazma, Nazneen, Mridula, and many others were present on the occasion.
Interestingly, the VBS bank is being operated by children themselves and children in the age group of 2-13 years can deposit their earned or saved money in the bank. According to Srivastava, the bank has supported the account holders whenever a money crisis arises in their families.
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