Jan Dhan-accounts

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Jan Dhan-accounts - Total results - 36
BCCI's attempts to transfer prize money to junior cricketers get delayed due to Rs 50,000 cap on 'Jan Dhan' accounts
First Cricket News

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
Business

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
Business

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

IBA directs banks to deposit Rs 500 in Jan Dhan accounts held by women starting today
Business

IBA directs banks to deposit Rs 500 in Jan Dhan accounts held by women starting today

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
Business

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
Politics

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.

Deposits in Jan Dhan accounts inch towards Rs 1 lakh crore mark; total stand at Rs 96,107 crore
Business

Deposits in Jan Dhan accounts inch towards Rs 1 lakh crore mark; total stand at Rs 96,107 crore

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

Firstpost Editor's Picks: Assam before Bogibeel Bridge, KCR's third front dreams, Delhi pollution levels; today's must-read stories
India

Firstpost Editor's Picks: Assam before Bogibeel Bridge, KCR's third front dreams, Delhi pollution levels; today's must-read stories

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
Business

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.

Jan Dhan accounts weren’t intrinsically misuse-prone; P Chidambaram’s rant ignores past indulgences
Business

Jan Dhan accounts weren’t intrinsically misuse-prone; P Chidambaram’s rant ignores past indulgences

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
Business

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
Business

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

It’s no mystery why banks have little appeal to the urban poor: They serve no purpose
Business

It’s no mystery why banks have little appeal to the urban poor: They serve no purpose

Banking system is incomprehensible and quite inaccessible for many of the urban poor. The most important service they need from banks is money- transfer

Govt says 20% or over 6  cr accounts opened under Pradhan Mantri Jan Dhan Yojana lying dormant
Business

Govt says 20% or over 6 cr accounts opened under Pradhan Mantri Jan Dhan Yojana lying dormant

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

Savings via direct benefit transfer cross Rs 58,000 cr mark: Union Minister Ravi Shankar Prasad
Business

Savings via direct benefit transfer cross Rs 58,000 cr mark: Union Minister Ravi Shankar Prasad

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

SBI hikes minimum balance for savings a/c, other charges
Business

SBI hikes minimum balance for savings a/c, other charges

The SBI decision to raise charges on various services is likely to be followed by other banks, hitting customers across the country.

SBI spent Rs 775 cr in maintaining Jan Dhan accounts says govt
Business

SBI spent Rs 775 cr in maintaining Jan Dhan accounts says govt

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 ?
Business

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

Govt bars co-op banks from accepting deposits under PMGKY
Business

Govt bars co-op banks from accepting deposits under PMGKY

The amendment to the notification comes after the I-T department spotted irregularities in deposits of cooperative banks following demonetisation