Out of 56.03 crore PMJDY accounts on the finish of July 31, 2025, 13.04 crore such accounts are inoperative, he mentioned in a written reply within the Lok Sabha.
Uttar Pradesh has the best variety of inoperative Jan Dhan accounts of two.75 crore, adopted by Bihar at 1.39 crore and Madhya Pradesh at 1.07 crore, he mentioned.
As per the Reserve Bank of India (RBI) pointers dated February 18, 2009, a financial savings account must be handled as inoperative/dormant if there aren’t any transactions within the account for over a interval of two years.
The authorities has taken varied steps to make sure easy functioning of PMJDY accounts, together with Direct Benefit Transfer (DBT). These advantages are transferred even to the inactive accounts.
Banks inform account holders in writing via letters or e-mail or SMS in regards to the accounts that are to turn into inactive and likewise contact the holder(s) of the inoperative accounts via letters, e-mail or SMS on a quarterly foundation, he mentioned.
The authorities launches varied particular campaigns infrequently for promotion of enrolment beneath varied schemes, in addition to for points like activation of inoperative accounts, he mentioned.
Recently, a Gram Panchayat degree Saturation Campaign has been launched from July 1, 2025 to September 30, 2025 throughout the nation whereby Re-KYC of ‘inactive PMJDY accounts’ is likely one of the key focus actions of the marketing campaign, he mentioned.
Replying to a different query, Mr. Chaudhary mentioned there isn’t any proposal to impose transaction expenses on UPI, at current.
“In order to make sure continuity of the UPI companies by the ecosystem companions, the federal government had carried out the motivation scheme over the last 4 years i.e. FY 2021-22 to FY 2024-25. During this era, the federal government has prolonged incentive help of roughly ₹8,730 crore,” he mentioned.
In reply to a different query, Mr. Chaudhary mentioned Public Sector Banks (PSBs) increase capital from the market to fulfill their capital necessities infrequently.
The sturdy monetary power of PSBs has boosted buyers’ confidence, enabling them to boost capital from the market.
Banks increase capital from the market within the type of fairness, Basel III compliant Additional Tier-I andTier -II bonds..
“Total quantity of capital raised by PSBs within the type of each fairness and bonds over the last three monetary years [FY2022-23 to FY 2024-25] quantities to ₹1,53,978 crore [₹44,942 crore in FY2022-23, ₹57,380 crore in FY 2023-24 and ₹51,656 core in FY 2024-25],” he mentioned.
The recent elevating of capital by banks is used for varied functions, which included assembly the capital wants of banks to help credit score progress, assembly regulatory necessities for capital adequacy, complying with minimal public shareholding norms by rising public shareholding, replenishing AT-1 bonds due for exercising name choice, strengthening the general capital place ofthe financial institution and creating capital buffer for his or her future enterprise necessities, he mentioned.
Replying to a different query, Mr. Chaudhary mentioned the ratio of Gross Non-Performing Assets in gold loans to the excellent gold loans for SCBs has elevated marginally from 0.20% in March 2023 to 0.22% in March 2025, whereas for Upper- and Middle-Layer NBFCs it has elevated from 1.21% to 2.14% over the identical interval.
The RBI has additional knowledgeable that the information associated to gold loans sanctioned by SCBs and NBFCs is just not maintained by it, he mentioned.
The Office of the RBI Ombudsman has acquired 188 complaints associated to gold loans in the course of the monetary yr 2024–25, he mentioned, including that these complaints are dealt with in accordance with the provisions of the RBI Integrated Ombudsman Scheme, 2021..
To a query with regard to RBI’s present official place on the regulation and authorized standing of cryptoassets, Mr. Chaudhary replied that RBI has knowledgeable that cryptocurrencies and crypto belongings don’t fall beneath its regulatory area.
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