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Jan Dhan Accounts News

Nirmala Sitharaman

30 Aug 2023

Sitharaman Directs Rural Banks To Remove Duplication Of Jan Dhan Accounts

Sitharaman also said that banks should map RRBs with MSME clusters and put greater thrust on increasing the network of rural branches in cluster areas identified by the Ministry of MSME.

Jan Dhan Accounts

19 Aug 2023

Over 50 Crore Jan Dhan Accounts Opened In 9 Yrs

The deposits in these accounts are above Rs 2.03 lakh crore and about 34 crore RuPay cards have been issued in these accounts free of cost.

16 Oct 2017

PM Modi's Jan Dhan Yojna helps villagers cut down on alcohol, tobacco consumption, says SBI report

The SBI report further said that the states with more number of Pradhan Mantri Jan Dhan Accounts have witnessed rural inflation at lower levels.

Jan Dhan Yojana

28 Aug 2017

Schemes like Jan Dhan gave wings to millions of aspirations: PM Modi

On the completion of three years of the Jan Dhan Yojana, Prime Minister Narendra Modi on Monday said the government has given "wings to millions of aspirations" through this scheme as also the social security schemes, Mudra yojana and Stand-Up India programme.

Jan Dhan Accounts

16 Apr 2017

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.

Jan Dhan Accounts

08 Mar 2017

SBI justifies penalty on non-maintenance of minimum balance in savings a/c; says need money to bear Jan Dhan costs

Facing a backlash for levying penalty on non-maintenance of minimum balance in accounts, SBI on Wednesday justified its move saying the bank needs to impose some charges to balance the "burden" of managing a large number of no-frills Jan Dhan accounts.

Operation Clean Money

06 Feb 2017

1-crore bank accounts scanned under I-T department's 'Operation Clean Money' drive

As part of the tax department’s Operation Clean Money initiative, it has scrutinised around 1-crore bank accounts, narrowed down to 18 lakh individuals to explain the source of large cash transactions they undertook in the weeks after demonetisation.

29 Jan 2017

Rs 5,000 cr withdrawn from Jan Dhan a/cs in a month post note ban

Jan Dhan accounts have witnessed net withdrawal of Rs 5,582.83 crore since December 7, the day deposits in these accounts soared to all time high in the backdrop of demonetisation.

29 Jan 2017

Rs 5,000 crore withdrawn from Jan Dhan accounts in a month post note ban

Jan Dhan accounts have witnessed net withdrawal of Rs 5,582.83 crore since December 7, the day deposits in these accounts soared to all time high in the backdrop of demonetisation.

23 Dec 2016

Demonetisation: 600 Jan Dhan accounts under I-T lens in Bihar, Jharkhand

Income Tax officials are probing 600 Jan Dhan accounts in Bihar and Jharkhand for their suspected naxal connection after they showed a total deposit of over Rs 10.8 crore following demonetisation.

Jan Dhan Accounts

07 Dec 2016

Deposits into Jan Dhan A/Cs decline after government warning

Following the government's warning that action would be taken against those using their Jan Dhan accounts to convert black money into white, deposits into such accounts have reportedly decelerated.

25 Nov 2016

Demonetisation: Deposits in Jan Dhan accounts rise to Rs 64,250 crore, Uttar Pradesh tops

Total deposits in Jan Dhan accounts have increased to Rs 64,252.15 crore, with Uttar Pradesh leading the chart with Rs 10,670.62 crore deposits followed by West Bengal and Rajasthan, the government said Friday.

26 Nov 2016

Cabinet mulls 60% income tax on unaccounted deposits post demonetisation

The Cabinet tonight is believed to have discussed amending laws to levy close to 60 percent income tax on unaccounted deposits in banks above a threshold post demonetisation of high-denomination currency notes.

12 Nov 2016

Demonetisation drive suddenly makes money changers, entry operators active in converting black money

The demonetisation of high value currency notes by the Modi government has suddenly made 'money-changers' and 'entry-operators' active in managing black money.

12 Nov 2016

Govt looking into sudden 'propping up' of money in Jan Dhan account deposits

Government is looking into sudden 'propping up' of money into zero-balance Jan Dhan accounts, after an unprecedented Rs 2 lakh crore of cash flooded the banking system within just two days of demonetisation of high value currency.

17 Oct 2016

24 crore accounts opened under Jan Dhan scheme: Arun Jaitley

The central government has managed to open 24 crore bank accounts under the Jan Dhan financial inclusion scheme, towards linking every household with a bank account, Union Finance Minister Arun Jaitley said on Monday.

Finance Ministry

15 Sep 2016

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.

23 May 2016

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.

22 Mar 2016

9.39 cr Jan Dhan accounts seeded with Aadhaar: Sinha

As many as 9.39 crore Jan Dhan accounts have been seeded with Aadhaar, Minister of State for Finance Jayant Sinha said today.

Pradhan Mantri Jan Dhan Yojana

22 Feb 2016

Slow progress in PM's financial inclusion dream

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