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Wednesday, October 14, 2015

Jan Dhan deposits cross Rs 25,000 cr

In a big boost to the government’s financial inclusion agenda, deposits in bank accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have exceeded Rs.25,000 crore.

“As on October 7, the deposits collected stood at Rs.25,146.97 crore,” said the Finance Ministry in a statement, adding that zero-balance accounts are now less than 40 per cent of the total accounts. The ministry said State Bank of India, United Bank of India and Oriental Bank of Commerce are the major contributors to PMJDY.

Source : Thehindubusinessline


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