NEW DELHI, India — The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched on August 28, 2014, has completed 12 years with more than 59 crore bank accounts opened across the country. As of August 19, 2026, the scheme had 59.09 crore accounts with total deposits of ₹3,16,514 crore.
टैग: Ministry of Finance
UPI Charges Explained: Centre Says Everyday Payments Will Remain Free
NEW DELHI, India — The Centre has clarified that users will continue to make UPI payments free of charge, addressing concerns that recent changes proposed under the Payment and Settlement Systems Act could lead to charges on everyday digital transactions. The government said all Person-to-Person (P2P) UPI payments would remain free, while the vast majority of merchant transactions would also continue without charges.