https://www.taxtmi.com/news?id=25728 PMJDY is the National Mission for Financial Inclusion providing access to banking, remittance, credit, insurance and pension through three operative pillars: Banking the Unbanked (BSBD accounts with relaxed KYC and zero-balance norms), Securing the Unsecured (RuPay debit cards with insurance), and Funding the Unfunded (micro-insurance, overdraft, micro-pension/micro-credit). The programme relies on online core-banking accounts, interoperable payment systems, fixed-point Business Correspondents and e-KYC, while JAM linkage enables timely DBT and reduced leakage; policy adjustments since 2018 shifted focus to covering every unbanked adult and expanded OD and insurance features. en-us Mon, 29 Aug 2022 09:46:08 +0530 Mon, 29 Aug 2022 09:46:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25728 PMJDY is the National Mission for Financial Inclusion providing access to banking, remittance, credit, insurance and pension through three operative pillars: Banking the Unbanked (BSBD accounts with relaxed KYC and zero-balance norms), Securing the Unsecured (RuPay debit cards with insurance), and Funding the Unfunded (micro-insurance, overdraft, micro-pension/micro-credit). The programme relies on online core-banking accounts, interoperable payment systems, fixed-point Business Correspondents and e-KYC, while JAM linkage enables timely DBT and reduced leakage; policy adjustments since 2018 shifted focus to covering every unbanked adult and expanded OD and insurance features. News - Mon, 29 Aug 2022 09:46:08 +0530 https://www.taxtmi.com/news?id=25728