Banks to close inactive PM Jan-Dhan Yojana accounts? Here is what government saidThe Department of Financial Services has denied instructing banks to close dormant Pradhan Mantri Jan-Dhan Yojana accounts, countering rece...
10 Jul, 2025, 08.01 AM IST
Govt says 11.30 crore inoperative Jan Dhan accounts have Rs 14,750 crore balance as of Nov 20Over 54 crore accounts have been opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) as of November 20, 2024. However, 11.30 crore acco...
10 Dec, 2024, 05.54 PM IST
About 20 pc of 51 crore Jan Dhan accounts inoperative: MoS FinanceAs per the Reserve Bank of India (RBI) guidelines, a savings as well as current account should be treated as inoperative/dormant, if there ...
19 Dec, 2023, 07.16 PM IST
Financial inclusion: Accounting for bank accountsIn China, 82% of adults made a digital merchant payment using a mobile phone. In India, the figure is just 8%. In China, 38% of adults have...
09 Jul, 2022, 12.36 AM IST
Women want to do more, but access to credit is still missing: Alka UpadhyayaAs per World Bank’s Findex data, 42% of women’s accounts are dormant, 23% are excluded from formal financial services and 35% are non dorma...
04 Mar, 2020, 06.57 PM IST
Nearly 15 crore eligible for loan, but yet to take itOf this eligible population, only about a third — 7.2 crore — is currently credit-active, meaning that such people have a live loan account...
22 May, 2018, 10.54 AM IST
How to turn capital guzzler PSU banks into capital contributorsThe PNB fraud has become a serious cause of worry for the govt, investors and the regulator.
07 Mar, 2018, 02.32 PM IST
Unusual cash deposits hit Rs 1.7L cr after note ban: RBIThe share of the low-cost CASA deposits in total bank deposits increased from 35.2% in October 2016 to 40.6% in March 2017, before declinin...
17 Nov, 2017, 11.34 AM IST
Women more likely to use banking services than men: StudyThe study has recommended that govt's financial inclusion policies must be in tandem with enabling economic activity and household decision...
15 Apr, 2017, 10.37 PM IST
Since November 8, Rs 80,000 crore of loan repayment in old notes, says I-T departmentThe official said cash deposits of Rs 2 lakh to Rs 2.5 lakh per account, totalling to Rs 42,000 crore, are found to have common PAN, mobile...
11 Jan, 2017, 01.42 AM IST
Tax evasion suspected in Rs 3-4 lakh crore deposits post demonetisationThe I-T Department has been asked to scrutinise details and send notices to depositors of these Rs 3-4 lakh crore on which tax may have bee...
10 Jan, 2017, 02.30 PM IST
Jan Dhan scorecard: 22 crore bank accounts opened, average balance Rs 1,725The idea behind opening bank accounts was to empower the poor financially by encouraging savings, easing loan delivery and direct cash tran...
26 May, 2016, 11.40 AM IST
Duplication of accounts under Jan Dhan Yojna on rise: SurveyAccording to the survey, conducted in 42 districts spread across 17 states and one union territory, the reasons for duplication of accounts...
23 Mar, 2016, 01.13 PM IST
Janata likes Jan Dhan: The past year has seen a rapid growth of active PMJDY accounts across all geographiesWe find rapid growth in active accounts across all geographies, where an active account is one where at least one transaction takes place i...
30 Oct, 2015, 11.55 AM IST
Jan-Dhan Yojana: VSAT technology to ensure rural areas don’t lag behind in next phaseThe government is considering VSAT technology that is considered secure and provides uninterrupted connectivity using satellites.
13 Jan, 2015, 05.11 PM IST
Jan Dhan Yojana: Why impressive numbers don’t mean much to financial inclusion driveBanks are giving Narendra Modi Sarkar the numbers it wanted but delivering financial inclusion will be much more harder.
13 Nov, 2014, 06.27 AM IST