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Friday, January 23, 2015

Vijaya Bank opens 13 lakh accounts under Jan Dhan scheme

Vijaya Bank has opened 13 lakh accounts under the PMJDY (Pradhan Mantri Jan Dhan Yojna), according to Kishore Sansi, Managing Director and Chief Executive Officer of the bank.

Addressing presspersons in Mangaluru on Thursday evening, Sansi said the bank had surpassed its targets. It had identified the households to be covered much before the timeline set by the Finance Ministry. Rupay cards were issued to 72 per cent of customers, he said.

On the number of zero-balance accounts, he said 54 per cent of the accounts opened under PMJDY came under this category. However, the bank was able to get Rs38 crore as deposits from PMJDY accounts.

To a query on the plans to make PMJDY accounts operational, Sansi said the bank was expecting all the subsidies of the Government to be routed through these accounts. In the next 12 months, 80-85 per cent of all accounts opened under PMJDY would be operational, he said.

Source : Thehindubusinessline


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