The Pradhan Mantri Jan-Dhan Yojana has largely met its objective of providing every adult a bank account. Yet, banks are still trying to figure out how to make the accounts cost-effective The ...

Over the past decade, the Narendra Modi government has launched more than 200 initiatives aimed at alleviating poverty. Key ...

Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched in India in August 2014. This is a National Mission for achieving financial inclusion and making a range of financial services like savings ...

New Delhi: A total of 540.5 million bank accounts have been opened under the government's flagship financial inclusion scheme Pradhan Mantri Jan Dhan Yojana (PMJDY) as of November, according to ...

The Pradhan Mantri Jan Dhan Yojana, launched on this day in 2014, is a national mission on financial inclusion encompassing an integrated approach to bring about comprehensive financial inclusion ...

Pradhan Mantri Jan Dhan Yojana (PM-JDY): The Centre has directed banks to do re-KYC of bank accounts opened 10 years back under the Centre’s flagship Pradhan Mantri Jan Dhan Yojana (PM-JDY).

Net cash accretion in no-frills Pradhan Mantri Jan Dhan Yojana (PMJDY) bank accounts rose to an all-time high of Rs 36,153 crore in 2023-24, which also showed that average cash deposits per ...

In a written reply to a question in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said the inoperative banks have a balance of Rs 14,750 crore as of November 20, 2024. The percentage ...

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 ...

The Inclusive Finance India Report 2024 said although micro, small and medium businesses contribute 30% of India's GDP and employ more than 22.94 million people, they still face a credit gap of ₹20-25 ...