July 8, 2025 4:56 PM
No directions issued to close inactive Jan Dhan accounts, says Finance Ministry
The Department of Financial Services (DFS) under the Ministry of Finance on Tuesday clarified that no instructions have been issued to banks for closing inactive accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY). The statement came amid reports in sections of the media claiming that the government had asked banks to shut down dormant Jan Dhan accounts. Terming such reports incorrect, the DFS reiterated that no such directive has been given. In an official note, the department stated th...