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Monday, November 24, 2014

Banks open 7.73 cr Jan Dhan accounts with combined balance of Rs6,092 cr

Banks in India opened 7.73 crore accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) till November 19, according to Snehlata Shrivastava, Additional Secretary, Department of Financial Services, Union Ministry of Finance.

In an informal chat with presspersons at a PMJDY mega camp organised by Corporation Bank at Vamanjoor village in Mangalore taluk on Saturday, she said that these accounts have a balance of Rs6,091.86 crore.

Of the 7.73 crore accounts, public sector banks have opened around 6.21 crore accounts with a balance of Rs4,946.03 crore, and they have distributed RuPay debit cards to around 4.3 crore accounts.

She said that the Prime Minister will be writing a letter to all the Chief Ministers and Governors asking them to link the payment of subsidies under the government schemes to PMJDY accounts.

Earlier addressing the customers of the bank at the mega camp, Snehlata Shrivastava said the objective of PMJDY is to bring more and more public into the banking system.

She said the overdraft of
Rs5,000 will be given to head of the family, preferably women, under the scheme. Women have the habit of saving and prudent in their spending, she said.

Speaking on the occasion, SR Bansal, Chairman and Managing Director of Corporation Bank, said that the bank has opened around 12.83 lakh accounts under the PMJDY with a balance of
Rs211.03 crore.

In Dakshina Kannada district, the bank has opened accounts of all un-banked households in the allotted villages and wards under PMJDY and achieved 100 per cent target, he said.

The bank is confident of reaching the target of 100 per cent coverage under the scheme by January 26.

Source : Thehindubusinessline


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