KATHMANDU: Only 40 per cent country's population have access to financial services due to increasing urbanisation. At an interaction programme on ‘Situation of financial institutions in country’ organised in the Capital today, Information Officer at Nepal Rastra Bank Shambhunath Dhungana, said that financial literacy has been limited to 18 per cent across the nation as most of the financial institutions are centred on urban areas. Similarly, Director of Insurance Board Raju Raman Poudel said that the insurance companies have a vital role to reduce risk at financial and non-financial sectors, and homework is on to introduce ‘one house, one insurance’ policy to expand general people’s financial access. According to President of Development Bankers’ Association of Nepal Bharat Raj Dhakal, there is economic depression in rural areas as ratio of consumption is higher than production. Likewise, Chief Executive Officer of Reliance Life Insurance, Pravin Raman Parajuli, and Chief Executive Officer of Prabhu Bank, Ashok Sherchan, pointed out the need of creating public awareness regarding saving and investment, saying financial activities like collection of capital, issuing loan make country’s economy movable. On the occasion, it is shared that ‘Banking Expo’ is going to be organised on February 2 and 3.