The Department of Financial Services has denied instructing banks to close dormant Pradhan Mantri Jan-Dhan Yojana accounts, countering rece...

The Department of Financial Services (DFS) has refuted claims of ordering banks to close inactive PM Jan Dhan Yojana accounts. Instead, a n...

Bank account ownership took a leap over the last decade. But some of the gains stagnated during the pandemic. 2021 Global Findex data show ...

In 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...

PM Modi's government flagship scheme Pradhan Mantri Jan Dhan Yojana has helped in raising women's ownership of bank accounts from 43 per ce...

PMJDY has helped banks open new accounts in underpenetrated markets, many of these accounts remain inactive.

"Banks have a major role to play in the financing of infrastructure. Growth in power and other infrastructure sectors needs to be revived."

It has been decided to set aside Rs 50 crore from Social Security Fund worth about Rs 1,800 crore managed by LIC, sources said.

The first phase of Pradhan Mantri Jan Dhan Yojana is scheduled to be completed by January 26, 2015, as against original plan of August 15, ...

The Jan Dhan Yojana aims to cover 60% of the country's population that does not have access to formal banking services.