Note ban sees 30 lakh new bank accounts, SBI alone opened 11.8 lakh accounts

[Rajaraja Chola]

So your new-born never grow old? So in your head, new born which had born 18 years ago are still a new born?

I opened my first bank account at 21 . Your point being? Its generally acceptable for a family to have one bank account.

 

[kadamba-warrior]

Modi launched Jan Dhan account scheme in August '14 under which 25.68 crores new bank account have been opened till november '16. here is the Link... http://www.pmjdy.gov.in/account

Now redo your calculations with the latest data and paint us a pretty picture please.

Even then we are not counting the already existing bank accounts which was a significantly higher percentage as it was.

 

[graphican]

Is there something wrong with you?

The Prime Minister's scheme to open bank accounts yielded over 250 million bank accounts in a 2 year period.

Do you realize how massive that figure is? What an achievement that is?

Are you saying 250 million in 2 years?
= 250,000,000 in 24 months
= 10.4 million a month (before currency scrap)
/= 3.9 million a month (after currency scrap)

See above figures and see if Modi is a big fail. But this is where it gets interesting, Modi is twisting media and is presenting its failures as wins and average Indians are blinded and failing to see trickery behind his games.

 

[Dragon Ball]

Are you saying 250 million in 2 years?
= 250,000,000 in 24 months
= 10.4 million a month (before currency scrap)
/= 3.9 million a month (after currency scrap)

See above figures and see if Modi is a big fail. But this is where it gets interesting, Modi is twisting media and is presenting its failures as wins and average Indians are blinded and failing to see trickery behind his games.

It is not Indians who are blinded, it is you. All of Indian households have a bank account, PM Modi made sure of that when he opened up banking for the very poor by allowing them to hold zero balance accounts. The numbers coming in now are those miniscule numbers who did not feel the need to have bank accounts before for any reason. Like in my family, my dad, me, my bro and sis-in-law have bank accounts, but now my mom and my nieces too are keen on opening up saving accounts and have a debit/credit card for themselves. Kapish?

 

[Deadpool]

Are you saying 250 million in 2 years?
= 250,000,000 in 24 months
= 10.4 million a month (before currency scrap)
/= 3.9 million a month (after currency scrap)

See above figures and see if Modi is a big fail. But this is where it gets interesting, Modi is twisting media and is presenting its failures as wins and average Indians are blinded and failing to see trickery behind his games.

Are you actually daft? Or else Why do you presume the other's are ?

This has nothing to do with currency swap. Prime Minister Modi's bank account scheme started at the end of 2014 and opened around 250 million bank accounts by 2016 before the currency swap even began.

After this huge chunk is covered it is but natural that more bank accounts will be opened much more slowly as the vast majority has been covered. Now those who are left are the ones who are in areas that have absolutely zero banking presence.

For those people, newer kinds of banks are being opened..called payment banks and postal banks. They will take atleast a year or two to roll out fully but by design they will reach the remotest areas of India.

I/We know what the PM is doing and what has been done. Right now thanks to his banking scheme, household banking penetration has already crossed 99%. You can bet that by the end of 2019, more than 90% of India's population will have their individual bank accounts. Our Government and independent agencies gives out statistics that make sure our policies are designed well.

And more importantly if you think he's failing why are you even bothering to correct us? It is good for Pakistanis if India fails. You should be encouraging Modi if he's leading India to ruin.

 

[swnjo]

Are you saying 250 million in 2 years?
= 250,000,000 in 24 months
= 10.4 million a month (before currency scrap)
/= 3.9 million a month (after currency scrap)

See above figures and see if Modi is a big fail. But this is where it gets interesting, Modi is twisting media and is presenting its failures as wins and average Indians are blinded and failing to see trickery behind his games.

Seriously?? are you stupid or something ??? Go read about Jan Dhan Yojna, who started it and everything. You come here to argue with half knowledge and making fool of yourself.
That 10.4 million a month was achieved due to Modi's policy.

 

[graphican]

Seriously?? are you stupid or something ??? Go read about Jan Dhan Yojna, who started it and everything. You come here to argue with half knowledge and making fool of yourself.
That 10.4 million a month was achieved due to Modi's policy.

Is the newspaper reporting wrong? If you take reporting of newspaper true then what substance you have left to argue with me? Newspaper is saying rate of banking subscription is 3.9 million accounts a month after money got scrapped. If you say under Modi, banking rate was 10.4 millions/month then is 3.9 millions/month not under Modi's era anymore?

You shouldn't be frustrated but looks like you are loosing your cool already.