New Delhi, Aug. 28 -- The Pradhan Mantri Jan Dhan Yojana (PMJDY) has facilitated the opening of 560 million bank accounts with deposits amounting to Rs.2.68 trillion over the last 11 years, Union finance minister Nirmala Sitharaman said on Thursday.

In her message marking 11 years of the financial inclusion initiative, she noted that PMJDY has been one of the major channels for delivering benefits under Direct Benefit Transfer (DBT), while also providing credit facilities, social security, and enhancing savings and investments.

Apart from boosting the account and deposit base, Sitharaman said the programme has also promoted the adoption of digital transactions through the issuance of over 380 million free RuPay cards.

While the volume ...