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Over 38 crore RuPay cards have been issued to account holders under the scheme, which was launched on August 28, 2014

Prime Minister’s Jan Dhan Yojana: The long arc of financial inclusion in India

Beginning 1904, there have policy-led attempts at financial inclusion. Banks were the last institutions to join the drive towards inclusion but today are at the forefront. PMJDY represents a culmination of all these years of ideas and policies coming together

Lakshwadeep tops Jan Dhan account rich list; J&K reports 357% rise in average balance since 2017

The government is looking to expand the scope of the PMJDY scheme to track digital footprint of accounts in a bid to offer additional products and services to its beneficiaries.

10 years of Jan Dhan Yojana: CEA Nageswaran on usefulness of PMJDY in a world of 'instant judgment'

Chief Economic Advisor V Anantha Nageswaran hails the Pradhan Mantri Jan Dhan Yojana for surpassing 53.1 crore beneficiaries and Rs 2.3 lakh crore in deposits, calling it a transformative force in financial inclusion and women's empowerment in India.

Only 12,500 claims in 10 years under PMJDY accident insurance cover

Out of 12,539 claims, a total of 8,199 were paid between April 1, 2014 and December 7, 2023, finance minister Nirmala Sitharaman has said. The number of beneficiaries is 34.71 crore

More than 50 crore accounts, over Rs 2 lakh crore in deposits: Key achievements of PMJDY scheme

The Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched on August 28, 2014, with the aim to provide universal banking services through the opening of zero-balance bank accounts

8 years of PMJDY: have the poor been liberated yet?

PMJDY has brought the rural poor within the ambit of the banking system but issues like digital illiteracy, growing dormant accounts, and lack of debit cards continue to plague the financial inclusion programme

Second instalment of Rs 500 transferred to over 10 crore women PMJDY account holders: Sources

Subsequently, the Ministry of Rural Development released the first instalment of Rs 500 for the month of April.

50% bank accounts lie dormant; how has Modi govt fared in financial inclusion?

Despite commanding such huge numbers, historically, this section has always been at a disadvantage when it comes to financial empowerment, having always been isolated from mainstream financial and banking services.

Deposits in Jan Dhan accounts fast inching towards Rs 1 lakh-core mark

The total balance in the Jan Dhan accounts, which has been steadily rising, was at Rs 97,665.66 crore as on April 3, as per the latest government data.

PMJDY scheme: About 1,700 Jan Dhan bank accounts in UP under scanner for suspicious deposits ahead of Lok Sabha polls

The Income Tax department has launched an investigation into the issue, along with other agencies deployed to check black money and illegal inducements to voters during the ongoing polls in the country.

RTI reveals Rs 93.82 crore deposited in single Jan Dhan account: Report

However, balance in any Jan Dhan scheme account cannot exceed Rs 50,000 at any given point

3 years of Modi: Banking sector reforms announced; results awaited

In an attempt to help banks, especially public sector banks (PSBs) recognise the ashes of high level of non-performing assets (NPAs) and rise like a phoenix, in December 2015, the Reserve Bank of India under the leadership of former Governor Raghuram Rajan, asked banks to set aside a pool of funds in the form of provisioning towards sub-standard assets. This further dented the banks’ balance sheets.

Cash disbursements have stopped in last one week: Equitas

Speaking to CNBC-TV18 PN Vasudevan, MD of Equitas, said that it became a bank recently and it hasn‘t seen any impact in terms of collections owing to the demonetisation drive.

Jan Dhan controversy may figure in FM, bankers meet tomorrow

The meeting will review the first quarter performance of public sector banks and financial institutions, sources said.

Nearly 58 lakh pensioners bank accounts to come under PMJDY

About 58 lakh pensioners' bank accounts may be subsumed under Pradhan Mantri Jan-Dhan Yojana (PMJDY), a national mission for financial inclusion.

Digital payments worth Rs12,599 cr made in Apr-July: Report

In terms of volume, 241.24 million transactions were completed in the first four months of the ongoing fiscal as against 314 million transactions in 2014-15 through prepaid payment instruments, the report said.

Deposits in account under Jan Dhan Yojana crosses Rs 25K cr

Besides, the PMJDY accounts having balances have now exceeded 60 percent and the zero balance accounts reduced to less than 40 percent, Finance Ministry said in a statement.

Nearly 1.65 lakh a/c holders avail overdraft under PMJDY

More than Rs 22,000 crore have been mobilised under the Pradhan Mantri Jan Dhan Yojana (PMJDY) and 15.74 crore Rupay debit cards have been issued, Finance Ministry said in a statement.

PM may announce a universal health cover scheme on I-Day

"We are still working on the proposed scheme and fine-tuning the premium. The new scheme may be announced by the PM this weekend (at the I-Day speech)," a top official of a state-owned general insurance company told PTI.

Overdraft under Jan-Dhan is priority sector lending: RBI

Giving a big boost to Pradhan Mantri Jan-Dhan Yojana (PMJDY), the RBI today said bank overdrafts of up to Rs 5,000 in accounts opened under this financial inclusion mission will be treated as priority sector lending.

Jan Dhan Yojana a hit, zero-balance accounts dip to 67%

On January 31, the zero-balance accounts were down to 67 percent of the total, down four percent from the 71 percent which had no cash in them just 10 days before that.

Govt's Jan Dhan Yojana extraordinary achievement

According to Reserve Bank of India (RBI) data, as at the end of March 2014, Indian commercial and rural banks had 243 million basic savings bank deposit accounts (BSBD) – 126 million through bank branches and the rest through business correspondents.

11.5 cr Jan Dhan accounts opened, says FM Arun Jaitley

Financial Services Secretary Hasmukh Adhia said that even Guinness Book of World Records has recognised the achievements made under PMJDY.

Govt raises account opening target to 10 cr under PMJDY

Enthused by initial response, the government has revised upwards target for opening of accounts under Pradhan Mantri Jan Dhan Yojana (PMJDY) from 7.5 crore to 10 crore by January 26.