Make overdraft facility for Jan Dhan a/cs attractive, PSBs told http://bit.ly/2sQxbuC - Walletnews For Me

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Monday, January 28, 2019

Make overdraft facility for Jan Dhan a/cs attractive, PSBs told http://bit.ly/2sQxbuC

Banks are currently allowed to offer Rs 5,000 overdraft under the Pradhan Mantri Jan Dhan Yojana if certain basic criteria are met. Many fear that the facility will result in a pile-up of bad debt, something that the government has denied.
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