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Five Years Of Jan Dhan Yojana: About 20% Of Accounts Lying Dormant
About 20 percent of the accounts opened under Pradhan Mantri Jan Dhan Yojana are lying dormant.
15 Aug 2019, 01:47 PM IST
The Pradhan Mantri Jan Dhan Yojana, launched five years ago on Aug. 15, 2014, has proved to be a success in its attempt to link a large part of the country’s population with bank accounts, with more than Rs 1 lakh crore in deposits and less than 20 percent of the accounts now dormant.Indian banks had about 36.24 crore Jan Dhan account holders as of July 17, 2019, the Department of Financial Services said in response to a BloombergQui...
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