TAG: Jan Dhan Yojana
Jan Dhan completes a decade with strong rural outreach, over 55 percent accounts by women
The Pradhan Mantri Jan Dhan Yojana (PMJDY) - world's largest financial inclusion initiative - has completed a successful decade with more than 53.14 crore beneficiaries banked since inception.Finance Minister Sitharaman called the initiate 'transformed th...
1 month ago
10 years on, rural India takes the lead in Jan Dhan accounts; more rural accounts opened post Covid
Government’s flagship scheme Pradhan Mantri Jan Dhan Yojana has hit near saturation across states with over 530 million accounts being opened over the last decade, but a Moneycontrol analysis shows that the account creation has kept pace in rural areas po...
1 month ago
Banks to offer loans to Jan Dhan beneficiaries by tracking digital footprint: DFS secretary to Moneycontrol
The government is looking to expand the coverage of PM Jan Dhan Yojana (PMJDY)—which completes 10 years on August 28—with the tracking of digital footprint of account holders to offer more products and services like insurance and credit, said M Nagaraju,...
1 month ago
Lakshwadeep tops Jan Dhan account rich list; J&K reports 357% rise in average balance since 2017
The average balance in Pradhan Mantri Jan-Dhan Yojana (PMJDY) accounts has nearly doubled over the last seven years to Rs 4,352 in August, as compared to Rs 2,254 seven years ago.A Moneycontrol analysis shows that some states have reported far greater gai...
1 month ago