54.5 Crore Jan Dhan Accounts Opened, 56% Held by Women

Over 54.5 crore Jan Dhan accounts have been opened as of January 15, 2025, with women holding 56% of them. Finance Minister Nirmala Sitharaman shared this update in the Lok Sabha, highlighting the government’s success in promoting financial inclusion through the Pradhan Mantri Jan Dhan Yojana (PMJDY). Other social security schemes are also seeing increased enrollment.

CreditAccess Grameen Gets $50M Funding

CreditAccess Grameen will borrow $50 million from IFC to reach 40 lakh more women borrowers, primarily in agriculture. This move strengthens their financial position amid market challenges and aligns with their goal to source 25-30% of funds internationally by FY28.

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