PSBs Branches in Rural Areas for Success of PMJDY

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..... PSBs Branches in Rural Areas for Success of PMJDY
News and Press Release
Dated:- 17-7-2019

Under Pradhan Mantri Jan Dhan Yojana (PMJDY), account holders are provided banking services free of charge and without any requirement of maintaining minimum balance. As per the information provided by banks, district-wise number of accounts opened under PMJDY in Gujarat as on 03.07.2019 is at .....

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..... Annexure I. State-wise details of deposit balance in PMJDY as on 03.07.2019 is at Annexure II. Reserve Bank of India (RBI) has rationalized its Branch Authorisation Policy and granted general permission to domestic Scheduled Commercial Banks (excluding Regional Rural Banks), including Public Sector Banks, to open banking outlets (a fixed point service delivery unit, manned by either bank's staff .....

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..... or its Business Correspondents) at any place in the country, without seeking prior approval of RBI in each case, subject to at least 25 percent of the total number of banking outlets opened during a financial year being in unbanked rural centres (Tier 5 and Tier 6 centres ie. having population less than 10,000). For this purpose, banking outlets opened in any centre having population less than 50, .....

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..... 000 in North Eastern states and Sikkim and also Left Wing Extremism (LWE) affected districts as notified by the Government of India are also considered as equivalent to opening of banking outlets in unbanked rural centres. Under PMJDY scheme all villages were mapped into 1.59 lakh Sub-Service Areas (SSAs) where one SSA catering to 1,000 to 1,500 households. As informed by banks, while 0.33 lakh S .....

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..... SAs have been covered with bank branches, 1.26 lakh SSAs have been covered by deployment of interoperable Bank Mitras. As per RBI, since the launch of PMJDY in August 2014, the number of rural branches of Scheduled Commercial Banks (SCBs) has increased from 41,823 in March 2014 to 51,653 in March, 2019. Further, number of Branch less mode / Business Correspondents (BCs) of Scheduled Commercial Ba .....

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..... nks (SCBs) in rural areas has also increased from 3.37 lakh in March, 2014 to 5.15 lakh in March, 2018. This was stated by Shri Anurag Singh Thakur, Minister of State for Finance & Corporate Affairs in a written reply to a question in Lok Sabha. Annexure I "PSBs branches in rural areas for success of PMJDY" Total Number of accounts opened under PMJDY in Gujarat as on 03.07.2019 District PMJ .....

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..... DY Accounts Ahmadabad 1137933 Amreli 227839 Anand 470256 Arvalli 255369 Banas Kantha 1024251 Bharuch 494486 Bhavnagar 586314 Boatad 118779 Chhotaudepur 121133 Devbhoomi Dawarka 87637 Dohad 844455 Gandhinagar 205834 Gir Somnath 165110 Jamnagar 331213 Junagadh 315936 Kachchh 484639 Kheda 535284 Mahesana 401521 Mahisagar 61134 Morbi 97760 Narmada 241106 Navs .....

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..... ari 356933 Panch Mahals 607206 Patan 359394 Porbandar 86108 Rajkot 552828 Sabar Kantha 420025 Surat 1450148 Surendranagar 409055 Tapi 199603 The Dangs 102381 Vadodara 788624 Valsad 535919 Total 14076213 Source: Banks Annexure II "PSBs branches in rural areas for success of PMJDY" Deposit in PMJDY accounts as on 03.07.2019 State Deposit in PMJDY Accounts (in Rs. crore .....

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..... ) Andaman & Nicobar Islands 23.76 Andhra Pradesh 1981.73 Arunachal Pradesh 118.07 Assam 3519.40 Bihar 9888.03 Chandigarh 105.10 Chhattisgarh 3214.06 Dadra & Nagar Haveli 49.67 Daman & Diu 18.89 Delhi 1783.14 Goa 90.79 Gujarat 4264.10 Haryana 3253.33 Himachal Pradesh 592.18 Jammu & Kashmir 949.45 Jharkhand 3194.51 Karnataka 3639.04 Kerala 1295.84 Lakshadweep 8. .....

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..... 38 Madhya Pradesh 5134.27 Maharashtra 6058.64 Manipur 201.56 Meghalaya 244.02 Mizoram 88.03 Nagaland 54.79 Odisha 4494.46 Puducherry 39.52 Punjab 2555.18 Rajasthan 7541.72 Sikkim 39.66 Tamil Nadu 1937.10 Telangana 1694.20 Tripura 682.05 Uttar Pradesh 18235.10 Uttarakhand 1108.46 West Bengal 12397.70 Total 100495.95 Source: Banks
News - Press release - PIB .....

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