PMJDY is one of the three pillars of the JAM trinity (Jan-Dhan, Aadhaar and mobile) that is globally acclaimed as a diversion-proofed subsidy delivery mechanism
The article has been authored by Kalpana Ajayan, regional head and Ajit Agarwal, lead, strategic partnerships & policy, Women’s World Banking, South Asia.
The RBI has received complaints against 1,019 unregistered or unregulated digital loan applications and 490 registered NBFCs that are engaged in digital lending, minister of state for finance Anurag Singh Thakur said in a written reply to the Lok Sabha on Monday.