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Centre To Promote Access To Basic Banking Services For Financial Inclusion

The minister also said that the launch of the Pradhan Mantri Jan Dhan Yojana (PMJDY) in August 2014 marked a significant step in banking the unbanked by facilitating the opening of basic savings bank deposit accounts, with associated features, such as RuPay debit cards and an in-built overdraft facility, he said, adding that as of date, over 55.90 crore accounts have been opened under the PMJDY: Reports