Avg balance in PMJDY A/cs at record high

The average balance in no-frills bank accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) has hit a new high of Rs 5,438 after fresh accretion of around Rs 7,000 crore in less than two months. These accounts now hold cumulative deposits of around Rs 3.24 lakh crore as of October 14, up from Rs…