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10cr Jan Dhan Accounts Need Re-KYC: RBI
The New Indian Express Nagapattinam
|August 10, 2025
RESERVE Bank of India deputy governor Swaminathan Janakiraman said the number of accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) since its launch in 2014-15 has reached 55 crore, but nearly 10 crore of them require mandatory Know Your Customer (KYC) updates after a decade in operation.
Speaking at Indian Bank's 2,664th "Financial Inclusion Saturation Programme" at Thirukandalam in Tiruvallur, Janakiraman warned that delays in re-KYC could inconvenience account holders and heighten the risk of misuse. "This will create trust between you and the banks and ensure your account cannot be illegally used. Your hard-earned money and government scheme benefits will remain safe," he said.
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FLERE HISTORIER FRA The New Indian Express Nagapattinam
The New Indian Express Nagapattinam
Indus Valley Civilisation collapsed after years of drought, says study
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The New Indian Express Nagapattinam
Manipur displaced people returning home clash with police, two injured
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1 min
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The New Indian Express Nagapattinam
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4 mins
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The New Indian Express Nagapattinam
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1 mins
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The New Indian Express Nagapattinam
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1 mins
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The New Indian Express Nagapattinam
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1 mins
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The New Indian Express Nagapattinam
14K cases that warrant less than 3-yr jail disposed of in 42 days by special HC bench
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2 mins
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The New Indian Express Nagapattinam
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The New Indian Express Nagapattinam
Her Loudest Choice
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3 mins
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Russian attacks kill 3 in Kyiv
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1 min
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