January 30, 2026 10:50 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Big setback for Modi govt: Supreme Court stays controversial UGC Equity Regulations 2026 amid student protests | ‘Mother of all deals’: PM Modi says India–EU FTA is for 'ambitious India' | Delhi HC snubs Sameer Wankhede’s defamation plea over Aryan Khan's Netflix series | Maharashtra in shock: Ajit Pawar dies in plane crash — funeral sees emotional gathering of political heavyweights | India, Canada eye 10-year uranium pact during PM Carney’s March visit | 'None will be harassed': Dharmendra Pradhan breaks silence as UGC rules trigger student protests | Massive student uprising rocks Modi govt over new UGC rules on caste discrimination | Ajit Pawar no more: Maharashtra Deputy CM dies in Baramati plane crash | India, EU sign historic trade deal | ‘Dear Indian Friends’: Macron’s Republic Day message to India melts hearts

IDBI Bank opens more than 3.62 lakh basic savings accounts

| | Aug 29, 2014, at 03:36 am
New Delhi, Aug 28 (IBNS): IDBI Bank on Thursday said it has participated towards meeting the goals under the 'Pradhan Mantri Jan Dhan Yojana' to mobilize Basic Savings Bank Deposit Accounts (BSBDAs), promote financial literacy and meeting comprehensively the objective of financial inclusion.

Under this plan, each account holder is being provided with passbook and RuPay Debit/ATM card which carries free accidental insurance cover of Rs.1 lakh and an overdraft facility of Rs. 2000.

IDBI Bank opened more than 3.62  lakh basic savings accounts under this plan, as against a targeted number of 2 lakh accounts and held camps at more than 6800 locations across the length and breadth of the country.

Speaking on the occasion, M. S. Raghavan, Chairman & Managing Director, IDBI Bank commented, “True to our DNA of being a partner in national progress, IDBI Bank has proactively and aggressively participated in the ‘Pradhan Mantri Jan Dhan Yojana’, a national mission which will ensure access to banking services to all citizens and adequate credit to the underprivileged section of the society, paving the way for inclusive growth. Last few days, our branches across the country have been campaigning 24x7 to meet objectives under this National Mission. We take pride in the fact that we have far surpassed our target through dedicated efforts.”

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm