The total number of beneficiaries under the Centre’s financial inclusion scheme, Pradhan Mantri Jan Dhan Yojana (PMJDY), has crossed the 44 crore mark. The total number of accounts opened under PMJDY stood at 44.05 crores, with a total balance of ₹1,47,812 crore as on December 8. Uttar Pradesh tops the list with the highest number of accounts followed by Bihar. Since its launch in 2014, the scheme has been steadily expanding its base.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The PMJDY was launched on August 28, 2014, with an aim to provide universal access to banking facilities to the people in the country. According to the Reserve Bank of India’s guidelines, savings and current accounts will be classified as dormant if there are no transactions in the account for two years. The average balance in Jan Dhan accounts hovers at about ₹2,700 across banks.
In 2024, India lost several legendary figures who made remarkable contributions to art, literature, sports,…
Dr. Manmohan Singh, a brilliant economist and statesman, served as the 13th Prime Minister of…
India continues to establish itself as one of the leading global economies in 2024, with…
Indian public sector banks (PSBs) have reported strong profitability, with a 25% increase in net…
Nvidia has recently announced the launch of its Jetson Orin Nano Super Generative AI supercomputer,…
Osamu Suzuki, the long-serving chairman and CEO of Suzuki Motor Corporation, passed away at the…