'Jan Dhan deposits exceed Rs 25k cr'

PMJDY accounts with balances now exceed 60%, with zero-balance accounts constituting less than 40%

Deposits in accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) recently exceeded Rs 25,000 crore, a finance ministry statement said on Tuesday.

Moreover, PMJDY accounts with balances now exceed 60 per cent, with zero-balance accounts constituting less than 40 per cent, the statement added. This ratio was 76 per cent to 24 per cent in September 2014. "As of October 7, 2015, these deposits collectively stood at Rs . 25,146.97 crore. Banks which have contributed significantly to this achievement are State Bank of India (Rs 2,989.18 crore), United Bank of India (Rs 2,644.77 crore), Oriental Bank of Commerce (Rs 2,104.70 crore), Bank of Baroda (Rs 1,771.42 crore) and UCO Bank (Rs 1,178.17 crore)," the statement said.