Banking facilities: Puducherry, Chandigarh get 100% coverage

KR Srivats Updated - October 02, 2014 at 01:34 PM.

All households in the Union Territories of Puducherry and Chandigarh have been provided with bank accounts, marking an achievement in the financial inclusion drive of Modi-led Government.

This had emerged in the meeting that the Finance Ministry held with representatives of public and private sector banks to review the progress made in the implementation of Pradhan Mantri Jan Dhan Yojana (PMJDY), the flagship financial inclusion programme launched on August 28.

Two districts--Mehsana and Porbandar in Gujarat have covered all households under PMJDY with provision of banking facilities.

PMJDY STATUS

As on date, the number of PMJDY accounts opened in the country stood at 5.29 crore accounts.

Of the 5.29 crore accounts opened, as many as 3.12 crore were in rural areas and the balance in urban areas.

The number of RuPay debit cards issued so far stood at 1.78 crore.

There is pendency in issuance of RuPay cards for which banks have been advised to increase the capacity for issuance of such cards and clear the backlog quickly.

Most of the banks expect the backlog to be cleared by October 15.

>srivats.kr@thehindu.co.in

Published on October 2, 2014 08:04