'Four banks probing ₹1-deposits in Jan-Dhan accounts'
Finance Minister Arun Jaitley on Friday said four public sector banks are looking into Jan-Dhan accounts to establish if bank officials were depositing ₹1 in them to reduce zero-balance accounts. He added that 24 crore Jan-Dhan accounts have ₹42,000 crore deposits, which is not possible with ₹1-deposits. Notably, Jan-Dhan Yojana aims to provide financial services and accounts to low-income people.