October 14, 2015 9:21 AM

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Deposits in account opened under PMJDY exceeds Rs. 25,000 crore

The government has said that deposits in accounts opened under the Pradhan Mantri Jan Dhan Yojana, PMJDY have now exceeded Rs. 25,000 crore.<br/><br/>Finance Ministry in a statement said, till 7th of this month, around Rs. 25147 crore have been deposited.<br/><br/>It also said, the PMJDY accounts having balances have now exceeded 60 per cent and the zero balance accounts reduced to less than 40 per cent.<br/><br/>As per RBI guidelines, accounts that can be opened under PMJDY are Basic Savings Bank Deposit Accounts which can be of zero balance.<br/><br/>PMJDY, a national mission on financial inclusion, had been launched with the main objective of covering all households with at least one bank account per household across the country.

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