Another Milestone achieved under Pradhan Mantri Jan Dhan Yojana (PMJDY) – Deposits in accounts now exceed Rs.25,000 crore; accounts having balances in them now exceed 60%

Deposits in accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have now exceeded Rs. 25,000 crore which has come to the banks as low cost deposits. The accounts that can be opened under PMJDY are Basic Savings Bank Deposit Accounts (BSBDA) which can be with zero balance as per Reserve Bank of India…