Page 2 - Jan Dhan Accounts

60% of money deposited in Jan-Dhan accounts after note ban under lens

According to the official data, depositors started withdrawing money from their Jan-Dhan accounts from the first week of December 2016

Letter to BS: Sacrifice convenience for business transactions

Simultaneously, the supply of small denomination notes by the Reserve Bank of India should increase to make small business transactions easier

Jan Dhan accounts slip on credit score

After demonetisation was announced last Nov, Jan Dhan deposits increased to more than Rs 74,000 cr

Note ban frenzy over? Jan Dhan accounts see brisk withdrawals

Jan Dhan deposits, which had peaked after demonetization, to around Rs 74000 crore at the end of November 2016, are gradually shrinking. In about three and half months between 1st January and 15th March, 2017, close to Rs 10500 crore was withdrawn from Jan Dhan accounts. According to data from Jan Dhan website, as on 15th March 2017, total deposits from Jan Dhan accounts stood at around Rs 63836 crore, against Rs 74321 crore at the end of November 2016."Jan Dhan accounts have almost reached a level of saturation. Also, as withdrawals limits in banks getting eased, deposits too got withdrawn. Now, the focus has shifted to Aadhar card linkage, Ruyap Card and Atal Pension Yojna," said a senior banker at a public sector bank.Notably, Jan Dhan accounts was a mission mode plan. Launched on 28th August 2014 , the target was to open one account per household was achieved by 26th January 2015. Jan Dhan Accounts had seen a nearly 45 per cent surge in deposits in about twenty three days between .

Jan Dhan deposit withdrawal touches Rs 5,582 cr in a month post note ban

There are about 26.68 crore Jan Dhan accounts

Jan Dhan account deposits double to Rs 87K cr, I-T dissects data

November 8 announced junking of old Rs 500 and Rs 1,000 notes

Jan Dhan account holders withdrew Rs 3,285 cr in last fortnight

The upper limit for deposits in Jan Dhan account is Rs 50,000

Uttar Pradesh garners maximum deposits under Jan Dhan

Total deposits in Jan Dhan accounts surged by around Rs 28,973 crore in about a month after the announcement of ban on old Rs 500 and Rs 1,000 currency notes

Withdrawal from Jan Dhan accounts cut to Rs 10,000 a month

Decision has been taken to protect the farmers and rural account holders of Pradhan Mantri Jan Dhan Yojana from activities of money launderers

Gujarat government to open Jan Dhan account for everyone sans account

Under the project, the government will organise camps in various parts of the state to facilitate opening of Jan Dhan accounts

Jan Dhan accounts more vulnerable to frauds: RBI

In a recent case, an idle account was used for transferring large funds without the knowledge of the accounts holder

SBI says number of zero balance Jan Dhan a/cs below 46%

SBI Chairperson Arundhati said even though scheme has ended, they have been opening 60K to 70K accounts everyday with nominal charge of Rs 20