The Pradhan Mantri Jan-Dhan Yojana distributed over 58 billion Indian rupees in deposits to beneficiaries through major private sector banks as of August 2023 in India. HDFC Bank Ltd had the highest deposits of over 20 billion Indian rupees, even though ICICI Bank Ltd had the highest number of beneficiaries during the measured time period.
The Pradhan Mantri Jan-Dhan Yojana was a financial inclusion program which was applicable citizens between 18 and 65 years old. It aimed to expand and make affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions. Launched in August 2014, the scheme was criticized by the opposition as an effort to please voters that has created unnecessary work-burden on public-sector banks. It claimed that the poor deserved food more than bank accounts and financial security.
Value of Pradhan Mantri Jan-Dhan Yojana deposits in India as of August 2023, by major private bank
(in million Indian rupees)
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PMJDY. (August 2, 2023). Value of Pradhan Mantri Jan-Dhan Yojana deposits in India as of August 2023, by major private bank (in million Indian rupees) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/983818/pmjdy-deposits-value-by-private-bank-india/
PMJDY. "Value of Pradhan Mantri Jan-Dhan Yojana deposits in India as of August 2023, by major private bank (in million Indian rupees)." Chart. August 2, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/983818/pmjdy-deposits-value-by-private-bank-india/
PMJDY. (2023). Value of Pradhan Mantri Jan-Dhan Yojana deposits in India as of August 2023, by major private bank (in million Indian rupees). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/983818/pmjdy-deposits-value-by-private-bank-india/
PMJDY. "Value of Pradhan Mantri Jan-dhan Yojana Deposits in India as of August 2023, by Major Private Bank (in Million Indian Rupees)." Statista, Statista Inc., 2 Aug 2023, https://www.statista.com/statistics/983818/pmjdy-deposits-value-by-private-bank-india/
PMJDY, Value of Pradhan Mantri Jan-Dhan Yojana deposits in India as of August 2023, by major private bank (in million Indian rupees) Statista, https://www.statista.com/statistics/983818/pmjdy-deposits-value-by-private-bank-india/ (last visited November 21, 2024)
Value of Pradhan Mantri Jan-Dhan Yojana deposits in India as of August 2023, by major private bank (in million Indian rupees) [Graph], PMJDY, August 2, 2023. [Online]. Available: https://www.statista.com/statistics/983818/pmjdy-deposits-value-by-private-bank-india/
