Business Standard

Jan Dhan account deposits swell to Rs 2,400 cr in Odisha post note ban

Total no. of accounts stood at 1,16,74,553 out of which 81,54,053 are opened in rural areas

cash, protest, currency, demonetisation, black money, ATM, banks, rupee, notes
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Nirmalya Behera Bhubaneswar
Deposits in Prime Minister Narendra Modi's pet scheme 'Pradhan Mantri Jan-Dhan Yojana (PMJDY)' in Odisha has swelled to Rs 2,474.57 crore as on December 3, 2016 aided by demonetisation.

The data collated by State Level Bankers Committee (SLBC) showed that the deposits in accounts under PMJDY was Rs 1,744.68 crore as on September 30, 2016.

On November 8, Prime Minister Narendra Modi in a surprise move announced demonetisation of 500- and 1,000-rupee notes and since then, long queues before banks and post offices are seen to deposit or exchange these currencies.

"The surge in deposits in PMJDY accounts

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