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Deposits in Jan Dhan accounts cross R...

Chalanachithram.com DB » New TF Industry Related » Archive through April 25, 2018 » Deposits in Jan Dhan accounts cross Rs 80,000 crore « Previous Next »
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Last_avataar
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Posted on Tuesday, April 24, 2018 - 11:32 pm:       


Teluguhero:




Jan Dhan zero balance accounts are created before demonetization to for biggies to exit safe...
 

Sp1234
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Posted on Tuesday, April 24, 2018 - 04:08 pm:       

Demon killed Jan dhan
A2 on India Today TV: Only BJP and Modi can give SCS, we support him!
 

Sp1234
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Posted on Tuesday, April 24, 2018 - 04:07 pm:       

What’s worrying is that in India almost half of the account owners have an account that remained inactive in the past year. In India, the share is 48%—the highest in the world and about twice the average of 25% for developing economies. “100 million adults with an inactive account have a debit card, while nearly 2.5 times as many—
240 million—have an inactive account plus a mobile phone,” the report said.
A2 on India Today TV: Only BJP and Modi can give SCS, we support him!
 

Ringo_rangaswamy
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Posted on Tuesday, April 24, 2018 - 03:56 pm:       


Sachin:

ee scheme endi 3 mukkallo sepandi





Kotte, Theche, Yese


Dabbu dobbinolla ni kotte
Aa dabbul Theche
Jan Dhan Accounts lo Yese


 

Teluguhero
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Posted on Tuesday, April 24, 2018 - 03:38 pm:       


Sachin:

ee scheme endi 3 mukkallo sepandi




https://en.wikipedia.org/wiki/Pradhan_Mantri_Jan_Dhan_Yojana

Under the scheme:[8]

1.Account holders will be provided bank accounts with no minimum balance.

2.RuPay debit cards will be issued.

3.Accidental insurance cover of ₹1 lakh (US$1,500).

4.After six months of opening of the bank account, holders will be eligible for ₹5,000 (US$77) overdraft from the bank.

5.With the introduction of new technology introduced by National Payments Corporation of India (NPCI), a person can transfer funds, check balance through a normal phone which was earlier limited only to smart phones.

6.Mobile banking for the poor would be available through National Unified USSD Platform (NUUP) for which all banks and mobile companies have come together.
 

Xxx
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Posted on Tuesday, April 24, 2018 - 03:38 pm:       


Polavaram:

Neeku oka letter isthar




vamoo!! nijama
-
 

Andhrawala
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Posted on Tuesday, April 24, 2018 - 03:28 pm:       


Discoveringself:

gaali brothers got tickets.....so we will keep saying India stinks




Katta Subramanya Naidu ki kooda iccheru kathaa
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Andhrawala
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Posted on Tuesday, April 24, 2018 - 03:26 pm:       


Polavaram:


10 mandhi poor people ki 10k choppuna modi govt panchestundhi

Neeku oka letter isthar

Goid citizen ani




ante government becomes Robinhood??

Nice to know
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Discoveringself
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Posted on Tuesday, April 24, 2018 - 03:19 pm:       

but but but....gaali brothers got tickets.....so we will keep saying India stinks......as our sour grape intellectuals Arun shourie and Yashwant sinha said so..........and ofcourse pappu licker supporters cant do any better than that......
 

Polavaram
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Posted on Tuesday, April 24, 2018 - 03:18 pm:       


Sachin:

ee scheme endi 3 mukkallo sepandi




Nee per meedha account vinte

Dhantlo 1 lakh vunnayi anuko

10 mandhi poor people ki 10k choppuna modi govt panchestundhi

Neeku oka letter isthar

Goid citizen ani
 

Siloan
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Posted on Tuesday, April 24, 2018 - 03:14 pm:       


Teluguhero:



15 fin commision recommendations ni emanna change chestara?
 

Sachin
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Posted on Tuesday, April 24, 2018 - 03:13 pm:       

ee scheme endi 3 mukkallo sepandi
 

Teluguhero
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Posted on Tuesday, April 24, 2018 - 02:42 pm:       

https://economictimes.indiatimes.com/industry/banking/financ e/banking/deposits-in-jan-dhan-accounts-cross-rs-80000-crore /articleshow/63865987.cms

NEW DELHI: Total deposits in Jan Dhan accounts crossed Rs 80,000 crore mark with more people joining the flagship financial inclusion programme, according to official data.

Deposits under these accounts have been rising ever since the demonetisation exercise.

Pradhan Mantri Jan-Dhan Yojana (PMJDY) accounts had come into focus during the demonetisation period when the deposits witnessed a meteoric rise.

The latest report of the World Bank titled Global Findex Report, 2017 released last week cited the success of the Jan Dhan Yojana.

India's financial inclusion efforts have won recognition from the World Bank as their data indicate that 55 per cent of new bank accounts opened are from India, Financial Services Secretary Rajiv Kumar had said.

The deposits increased in the later part of November 2016 to over Rs 74,000 crore from about Rs 45,300 in the beginning of the month as people rushed to deposit the scrapped currency notes of Rs 500 and Rs 1,000, as per the government data.

Thereafter, deposits in the accounts dipped before picking up again in a steady manner from March 2017.

It increased to Rs 73,878.73 crore in December 2017 , to Rs 75,572 crore in February 2018 and further to Rs 78,494 crore last month.

The number of people joining the financial inclusion programme too is on rise.

The number of account holders increased to 31.45 crore on April 11, 2018 from 26.5 crore at the beginning of 2017. As per the data, the number of such account holders was 25.51 crore on November 9, 2016, the day demonetisation came into effect.

Director-Business Services of AISECT Abhishek Pandit said the impact of note ban on Jan Dhan accounts can be gauged from the fact that "the average deposits in such accounts operating through our banking kiosks stood at Rs 480 per account before demonetisation, which increased to Rs 1,095 per account after that".

AISECT has set up over 1,400 banking kiosks across rural and semi-urban India to promote financial inclusion.

Launched in August 2014, PMJDY is a national mission for financial inclusion to ensure access to financial services - banking/ savings & deposit accounts, remittance, credit, insurance, pension.

As per the Global Findex Report, adult bank account holders in India increased to 80 per cent in 2017 as compared to 53 per cent in 2014 and 35 per cent in 2011, Kumar had said.

Women at the forefront, he said, highlights a sharp fall in gender gap from 20 per cent in 2014 to 6 per cent in 2017 in bank accounts due to government's efforts.

The report acknowledges impact of government policy in reducing gaps in bank account ownership between rich and poor to 5 per cent in 2017, down from 15 per cent in 2014, he added.

The report noted the rapid increase in financial inclusion that has taken place in India and how the number of account holders in the country has risen from 35 per cent of the adults in 2011 and 53 per cent in 2014 to 80 per cent in 2017.

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