Contact Your Financial Adviser Money Making MC
30 January
2017
Total deposits in Jan Dhan accounts
surged by nearly Rs 29,000 crore in the period of a month since the November 8
announcement demonetising high value currency notes, according to the latest official
data released here. The Total
Investment & Insurance Solutions
Total deposits in Jan Dhan accounts rose
by around Rs 28,973 crore to a record high of Rs 74,610 crore on December 7,
shows latest Finance Ministry data. The
Total Investment & Insurance Solutions
Thereafter, during the period December 7
to January 11, total deposits have came down by Rs 5,582.83 crore. AS on
January 11, total deposits in such accounts amounted to Rs 69,027.17
crore.
There are currently about 26.68 crore
Jan Dhan accounts. The Total Investment
& Insurance Solutions
Following demonetisation, the monthly
upper withdrawal limit for Jan Dhan accounts has been fixed at Rs 10,000 per
month from November 30 to check misuse of these accounts. The upper limit for
deposits in such accounts is Rs 50,000.
The Total Investment & Insurance Solutions
An official statement earlier this month
had said deposits in Jan Dhan accounts have grown by more than 50 per cent
since the demonetisation announcement. The
Total Investment & Insurance Solutions
"As on December 21, deposits worth
Rs 71,557.90 crore had been mobilsed under the Pradhan Mantri Jan Dhan Yojana
(PMJDY)" and that this scheme for financial inclusion had succeeded in
opening over 26 crore accounts, said a Finance Ministry statement. The Total Investment & Insurance
Solutions
The Income Tax Department has earlier
reported that total deposits amounted to Rs 45,637 crore on November 9, the day
from which Rs 1,000 and Rs 500 notes ceased to be legal tender, in a move
designed by the government to eliminate black money, counterfeit currency and
terror financing.
As on the eighth day after the
announcement, aggregate deposits in Jan Dhan accounts had increased to Rs
64,252.15 crore, Parliament was told during the last winter session.
The government had, on November 18,
warned account holders on not allowing misuse of Jan Dhan accounts for
laundering black money post-demonetisation and in its wake, inflows into such
accounts had come down significantly, it has said. The Total Investment & Insurance Solutions
In a release early in December, the
Finance Ministry said there has been a continuous fall in deposits, after an
initial surge post November 8. The
Total Investment & Insurance Solutions
Total amounts deposited during November
8-15 were Rs 20,206 crore, while during November 16-22, people deposited Rs
11,347 crore in such accounts. This further fell to Rs 4,867 crore during
November 23-30. Total daily deposit in Jan Dhan accounts was Rs 410 crore on
December 1 and Rs 389 crore on December 2. The Total Investment & Insurance Solutions
"The Income Tax Department has
identified the local clusters and bank branches where the inflow of Jan Dhan
deposits have been more than normal, in order to investigate money deposits in
Jan Dhan accounts which belonged to somebody else," an official statement
said.The Total Investment &
Insurance Solutions
No comments:
Post a Comment