BCCI's attempts to transfer prize money to junior cricketers get delayed due to Rs 50,000 cap on 'Jan Dhan' accounts
Payments to a handful of junior cricketers, about six of them, were delayed after transactions did not go ahead because of the upper limit of Rs 50,000 on cash deposits in 'Jan Dhan' accounts
Migrants walking home desperately need money in their pockets; FM has seen to some of their needs, but not this one
Migrants working in the informal sector have felt the bulk of the negative impact of the lockdown that has been in place in order to prevent the spread of COVID-19
Money transferred to women's Jan Dhan accounts safe; do not believe rumours it will be taken back, says FinMin
Finance Minister Nirmala Sitharaman last month had announced that as many of 20.5 crore women Jan Dhan account holders will get Rs 500 per month for next three months to run their households and deal with the hardships caused by the nation-wide lockdown
Indian Banks' Association (IBA) has directed all banks to start depositing Rs 500 per month into Jan Dhan Yojana accounts held by women starting 3 April.
Jan Dhan Yojana’s triumph shows financial inclusion gaining pace; scheme a launching pad for success of DBT, other products
Allegations of large-scale misuse of Jan Dhan accounts by black money hoarders seeking to convert their illegitimate wealth in cash during demonetisation are yet to be proved.
Lok Sabha polls: BJP may bank on beneficiaries of electricity, sanitation schemes to defeat SP-BSP alliance in Uttar Pradesh
Even if the BJP can get a reasonable percentage of Yadav and Dalit votes, it will put up a respectable performance in politically-critical Uttar Pradesh.
The total balance in the Jan Dhan accounts, which has been steadily rising, was at Rs 97,665.66 crore as on 3 April, as per the latest government data
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While many parties have accused KCR of working in tacit understanding with the BJP to defeat Congress, it will be impossible for Stalin or Mamata to be associated with a grouping that has BJP in it.
Women-centric reforms needed for financial inclusion; gender-neutral schemes don't work amid societal bars
Financial inclusion is important because women specifically score disproportionately low on ordinary functions like savings and borrowings due to reasons such as gender violence, limited mobility, not being allowed to work, etc.
If four out of five Jan Dhan accounts are inactive and the bulk of them are for money laundering then how can the no-frills accounts opened under Chidambaram's UPA government smell of roses?
Govt makes flagship financial inclusion scheme 'Jan Dhan' open-ended with more incentives, says Arun Jaitley
Launched in August 2014, the first phase of the Pradhan Mantri Jan Dhan Yojana (PMJDY) was focused on opening basic bank accounts and RuPay debit card with inbuilt accident insurance cover of Rs 1 lakh.
RBI says 99.3% of demonetised currency is back: What went wrong with the government's black money hunt
RBI says 99.3 percent of about Rs 16 lakh crore in the form of the banned Rs 500 and Rs 1000 notes have found their way back into the banking system
Banking system is incomprehensible and quite inaccessible for many of the urban poor. The most important service they need from banks is money- transfer
An estimated 31.20 crore Jan Dhan accounts with an aggregate deposit balance of over Rs 75,000 crore were opened till February, out of which 25.18 crore (or 81 percent) were operative, Minister of State for Finance Shiv Pratap Shukla told the Rajya Sabha
Rs 58,000 cr money is not private money it is tax payer's money which required to be saved and digital governance is doing that, Ravi Shankar Prasad said
The SBI decision to raise charges on various services is likely to be followed by other banks, hitting customers across the country.
Bank-wise and year-wise information on the cost of operation of Pradhan Mantri Jan Dhan accounts is not maintained
SBI's Rs 5,000 minimum balance rule may face govt resistance, but then why spare private, foreign banks ?
The idea of making these arguments is not to justify SBI rules but to make the point that SBI has every right to operate in a level playing field like its rivals, which is critical for its healthy survival
The amendment to the notification comes after the I-T department spotted irregularities in deposits of cooperative banks following demonetisation