New Delhi, April 15 -- With India's socio-economic landscape rapidly evolving-driven by a growing young population entering the credit market and rising consumption demand in rural areas-financial management has become an increasingly important topic. This shift has brought greater focus on financial education and literacy, particularly in the realm of personal finance, lending, and borrowing. Financial literacy not only plays a crucial role in promoting financial inclusion but also empowers individuals to understand their creditworthiness and responsibly manage credit facilities.

Financial inclusion can only reach its full potential when supported by strong financial literacy and a well-rounded understanding of credit fundamentals. Whil...