Banks Fraudulently Converted Jan Dhan Accounts into Regular Saving Accounts to Extract Bank Charges
Pradhan Mantri Jan Dhan Yojna (PMJDY) was launched in August 2014 by the Prime Minister Narendra Modi with the aim of providing banking facilities to the poor and to increase financial inclusion in the country. It aimed to open at least one basic banking account for every household and provide access to financial services such as savings and deposit accounts,[Read More…]