Corporation Bank is on course to bring about financial inclusion by end December in all of the villages and wards earmarked for the bank under the Pradhan Mantri Jan Dhan Yojana, its Chairman & Managing Director, SR Bansal, has said.
The Finance Ministry had as part of the PMJDY earmarked 2,252 villages and 924 wards where financial inclusion ought to be achieved before January 26 next year.
"We are confident of covering by, say, December end all the villages and wards earmarked to us", Bansal told Business Line here.
Bansal on Monday distributed account opening kits to the PMJDY beneficiaries at Palpa village in Badli, Haryana
Till date, Corporation Bank had opened 11.50 lakh PMJDY accounts and the total deposits in these accounts stood at about Rs 171 crore, Bansal said.
PMJDY is the flagship financial inclusion programme of the Modi-led Government.
Launched on August 28 at the hands of the Prime Minister Narendra Modi , this programme aims to bring financial inclusion to as many as 7.5 crore unbanked households before January 26 next year.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.