Jan Dhan Yojana has helped poor, but financial inclusion still far off4 min read . Updated: 02 Feb 2015, 01:49 AM IST
According to a World Bank survey in 2012, only 35% of adults in India had access to a formal bank account and only 8% borrowed from institutional and formal sources
Even as the Prime Minister’s Jan Dhan Yojana (PMJDY) has helped a majority of poor households in India open bank accounts, there are many activities of financial inclusion still pending fulfilment, said a panel of experts at the annual banking conclave organized by Mint on Thursday.
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