1,767 claims of accidental insurance settled under PMJDY
As many as 1,767 claims were settled toward accidental insurance to RuPay Card holders under the government's flagship financial inclusion programme Pradhan Mantri Jan Dhan Yojana (PMJDY).
Aug 15, 2017, 16:42 PM IST
Post-note ban 12.54 lakh PoS terminals added in Q4
Post the November 8 demonetisation measure, 12.54 lakh Point of Sale (PoS) terminals have been added during the fourth quarter of the last fiscal ended March to facilitate more digital transactions, the government has said.
May 25, 2017, 14:44 PM IST
Withdrawal trend reverses in Jan Dhan accounts; deposits up Rs1,000 crore
Arresting the trend of withdrawals that began in December, the net balance in Jan Dhan accounts swelled by Rs 1,000 crore to Rs 63,971.38 crore during the week ended April 5.
Apr 16, 2017, 14:47 PM IST
Four PSBs probing Jan Dhan account deposits: Arun Jaitley
Four state-run banks are probing whether the money in some financial inclusion scheme Jan Dhan accounts was deposited by the account holders themselves, or by business correspondents to keep the number of zero-balance accounts low, Finance Minister Arun Jaitley said on Friday.
Sep 16, 2016, 18:06 PM IST
Finance Ministry to probe into bankers depositing money in Jan Dhan accounts
Finance Ministry has said that it will ascertain facts with regard to instances of bankers depositing small amounts in the Jan Dhan accounts to reduce the number of zero balance accounts.
Sep 15, 2016, 08:59 AM IST
Union Bank net profit down 68% in Q1
State-run lender Union Bank on Saturday reported a 68 percent decrease in its net profit to Rs 166.32 crore in the quarter ended June 30, as compared to Rs 518.78 crore in the corresponding period last year.
Aug 06, 2016, 17:15 PM IST
Jan Dhan deposits up 118% over 21 months
The average deposit per account under the Pradhan Mantri Jan Dhan Yojana (PMJDY) – a financial inclusion programme launched by Prime Minister Narendra Modi in August 2014 – increased 118 per cent from Rs 795 in September 2014 to Rs 1,735 in May 2016, according to IndiaSpend analysis of government data.
Jun 27, 2016, 16:59 PM IST
Jan Dhan accounts “very vulnerable” to frauds: RBI
Raising concerns that Jan Dhan accounts can be misused by 'money mules', RBI Monday warned they are "very vulnerable" to frauds and asked banks to be on guard against such activities.
May 23, 2016, 21:29 PM IST
Slow progress in PM's financial inclusion dream
Less than half the 210 million Jan Dhan accounts were seeded with Aadhaar as of January 31, 2016.
Feb 20, 2016, 22:01 PM IST
Banks offer OD facility to 49 lakh a/c holders: Arun Jaitley
Banks have offered 49.39 lakh account holders the overdraft (OD) facility worth for Rs 5,000 crore under the Pradhan Mantri Jan Dhan Yojana (PMJDY), Finance Minister Arun Jaitley said Tuesday.
Dec 08, 2015, 18:26 PM IST
Govt eases conditions regarding insurance claim on RuPay cards
However, claim intimations on RuPay Classic cards where accident has occurred before November 24, 2015 will not be eligible for claim benefit under 90 days usage condition.
Nov 26, 2015, 19:26 PM IST
Banks have all powers to deal with wilful defaulters: Arun Jaitley
Concerned over "unacceptable" NPA levels, Finance Minister Arun Jaitley on Monday discussed with PSU bank chiefs the issue of wilful defaulters and said that the lenders have all the powers and autonomy to deal with them.
Nov 23, 2015, 16:07 PM IST
RBI will significantly improve banking sector in reasonable time: Arun Jaitley
The FM assessed the progress made under the Jan Dhan Yojana and Prime Minister's social security schemes.
Nov 23, 2015, 14:20 PM IST
Services of banking correspondents under PMJDY out of tax loop
The government has exempted from tax the services of a banking correspondent for opening savings account under Jan Dhan Yojana, in a move aimed at promoting financial inclusion.
Oct 22, 2015, 14:59 PM IST
Deposits under Jan Dhan crosses Rs 25,000-cr mark
Deposit in accounts opened under the government's flagship financial inclusion programme -- Pradhan Mantri Jan Dhan Yojana (PMJDY) -- have exceeded Rs 25,000 crore.
Oct 13, 2015, 22:43 PM IST
Nearly 1.65 lakh a/c holders avail overdraft under PMJDY
The government on Friday said nearly 1.65 lakh Jan Dhan account holders, of the total 18 crore accounts opened under the scheme, have availed overdraft facility.
Sep 04, 2015, 18:13 PM IST
PSBs need govt support for viability of social schemes: SBI
SBI chief Arundhathi Bhattacharya on Friday said the government needs to think about "ways and means" to sustain social security schemes.
Aug 28, 2015, 17:55 PM IST
Deposits worth about Rs 21K crore mobilised under PMJDY
Banks have mobilised deposits worth close to Rs 21,000 crore from the accounts opened under the Pradhan Mantri Jan Dhan Yojana, the Finance Ministry said Wednesday.
Aug 12, 2015, 19:59 PM IST
India's push to offer banking for all stumbles on empty accounts
More than half of a record 160 million accounts opened in India as part of a drive to offer banking to all are still empty.
Jun 12, 2015, 09:31 AM IST
Govt to link healthcare schemes with Jan Dhan: Jaitley
The government is working to provide healthcare schemes to poor people under the Jan Dhan initiative, Finance Minister Arun Jaitley said on Wednesday.
Apr 08, 2015, 14:14 PM IST
