Tuesday, 11 November 2014

Kerala Hits Target on Pradhan Mantri Jan-Dhan Yojna

Nearly three months after Prime Minister Narendra Modi launched the Pradhan Mantri Jan-DhanYojna, Kerala has become the first major State to declare banking coverage to all households under the scheme.

The State government made the official declaration and released a Certificate of Declaration at a function in the Secretariat and appreciated the efforts of the State-Level Bankers’ Committee (SLBC) in achieving the milestone.

SLBC said all banks in the State together have opened over 12.8 lakh accounts to achieve full coverage in rural and urban areas. Kerala launched the scheme locally on August 28. It was simultaneously rolled out in all 14 districts.

The State had already achieved most of the six milestones listed under the Yojna, of which the first related to provision of universal banking facilities.

The State now has more than 6,000 bank branches. Every village has a banking channel. This apart, 848 Akshaya e-kiosks in the State are serving as banking kiosks. Their number will go up to 1,222 by the next month.

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