by AIP Online Bureau | Mar 8, 2026 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Finance Minister Nirmala Sitharaman “When women gain financial access, they gain independence. Women now hold over 28 crore Jan Dhan accounts, bringing financial services to households across India and strengthening their financial independence,” FM Sitharaman noted...
by AIP Online Bureau | Dec 9, 2025 | Data, Eco/Invest/Demography
“The data regarding number of inoperative accounts vis-a-vis women, rural and semi-urban areas that are closed under the Pradhan Mantri Jan Dhan Yojana (PMJDY), is not centrally maintained. However, there are about 15.09 crore inoperative PMJDY accounts out of...
by AIP Online Bureau | Dec 7, 2025 | Data, Eco/Invest/Demography, Indian News
M. Nagaraju, Secretary, Department of Financial Services. About 78.2 per cent of these accounts are located in rural or semi-urban areas, while women hold around 50 per cent of them New Delhi: India’s financial inclusion drive has reached a major milestone, with Jan...
by AIP Online Bureau | May 23, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
“In UP, around 10 crore Jan Dhan accounts were opened and a majority of these were citizens, who had never used banking services. A major reason behind this was higher costs. With IT integration and online transactions, the cost was brought down to Rs 50 from Rs...
by AIP Online Bureau | Nov 11, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life
During the meeting, Nagaraju suggested using all means for doing re-KYC — such as fingerprints, face recognition, taking declarations where no change in KYC documents occurred — through all channels like ATM, mobile banking, internet banking, and other available...
