Number of Jan Dhan a/cs rose by 2.26 crore after note ban

The demonetization of Rs 500 and Rs 1,000 bank notes on November 8, 2016, seems to have given a thrust to new account opening under the Pradhan Mantri Jan Dhan Yojana (PMJDY).

A hundred days after demonetization, the number of accounts under the PMJDY has increased by 2.26 crore and deposits by Rs 19,084 crore. 
A major share of new PMJDY accounts came from Uttar Pradesh (57.11 lakh), followed by Maharashtra (25.05 lakh), and Madhya Pradesh (24.11 lakh).

Source- The Indian Express

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