RBI Governor Sanjay Malhotra has announced today that a large number of Pradhan Mantri Jan Dhan Yojana accounts have become due for re-KYC , as the government’s flagship financial inclusion scheme completed ten years.
Consequently, public sector banks are organising camps to Jan Dhan account holders for re-KYC at the panchayat level from July 1 to
September 30, RBI governor said in his MPC speech.
“The banks are organising camps at the Panchayat level in an endeavour to provide services at customer doorsteps. Apart from opening new bank accounts and re-KYC, the camps will focus on micro insurance and pension schemes for financial inclusion and customer grievance redress,” the Governor said.