Tag: Jan Dhan Yojana

Finance Minister Nirmala Sitharaman described the Pradhan Mantri Jan Dhan Yojana (PMJDY) as a major step towards financial inclusion, informing that the programme's success can be gauged from the fact that 46 crore bank accounts with a deposit balance of Rs 1.74 lakh crore have been opened under it in the last eight years.

World Bank chief Jim Yong Kim has praised the "extraordinary Indian effort" to open millions of bank accounts under prime minister Narendra Modi's Jan Dhan Yojana

Prime minister Narendra Modi today launched a bank with a corpus of Rs.20,000 crore to extend credit of up to Rs.10 lakh to small businesses and regulate micro-finance institutions, to promote their growth, add to the country's output and create jobs