PMJDY: Nine Years Of Financial Inclusion In India

As per the numbers, on 15 March 2023, the deposit stood at Rs 15, 670 crores which has been increased to Rs 2,03, 505 crore which implies the larger usage of the banking system by countrymen

PMJDY Has Brought Marginalised Sections Into Ambit Of Formal Banking: MoS Karad

Pradhan Mantri Jan Dhan Yojana (PMJDY), a national mission for financial inclusion in India completes nine years of implementation

Total 49.49 Cr Accounts With Rs 2,00,958 Cr Deposits In PMJDY Till 12 July: FinMin

Launched in August 2014, PMJDY provides universal banking services through the opening of zero-balance bank account for every unbanked household

About 55% Of Total PMJDY Beneficiaries Are Women: Report

Of the incremental deposits between FY19 and FY23, women deposits accounted for 26 per cent at all India levels, as per the report

Financial Inclusion Is Enabler For Inclusive Growth: MoS Karad

Karad said that PMJDY has become the foundation stone for the government's people-centric economic initiatives

Over 46.25 Cr Beneficiaries Banked Under PMJDY, Amounting To Rs. 1,73,954 Cr

The ministry in a statement said that 56 per cent Jan-Dhan account holders are women and 67 per cent of Jan Dhan accounts in rural and semi-urban areas

Women, rural population have benefited from PMJDY: Anurag Thakur

Women, rural population have benefited from PMJDY: Anurag Thakur

PM Modi Hails Achievements Of 'Pradhan Mantri Jan Dhan Yojana' As It Completes 6 Years

The Prime Minister added that the high number of beneficiaries of this scheme are from rural areas and are women.

FinTech: The Genie Is Out

Nothing can stop fintechs from changing the lives of people forever. As true as that is, the lot can’t wipe out banks; in fact, they both need each other

Finance Minister To Take Stock Of NPAs At Review Meet On June 12

Finance Minister Arun Jaitley is slated to meet heads of PSU banks on June 12 to discuss the NPA issue and the steps being taken by them to expedite recovery of bad loans that have hit unacceptably high levels

Need To Maintain Regulations In Banking, Says SBI Chief Arundhati Bhattacharya

Underscoring the twin importance of maintaining credibility and attracting foreign capital, SBI Chairman Arundhati Bhattacharya on Wednesday said banks need to meet regulatory norms as India is a capital deficient country

Slow Progress For PM’s Financial Inclusion Dream

The government is estimated to have spent Rs 266,700 crore on subsidies in 2015, of which Rs 122,700 crore was spent on food, Rs 71,000 crore on fertiliser and Rs 60,300 crore on oil

Bumps Ahead

Being perceived as relevant is only one of the challenges for payments banks, as bigger issues lie ahead

NCPI Doubles Usage For RuPay Classic Cardholders

The National Payments Corporation of India (NPCI) will allow RuPay cardholders to claim personal accident insurance by using the card within 90 days of the accident

BoB: Slow And Steady