Hyderabad, Dec 6 (PTI) Jan Dhan accounts across the country currently hold balances of about Rs 2.75 lakh crore, translating to an average of Rs 4,815 per account, M Nagaraju, Secretary, Department of Financial Services, said on Saturday.

Delivering the 69th Foundation Day Lecture on India’s Financial Inclusion Journey at the Administrative Staff College of India (ASCI) here, Nagaraju said a total of Rs 3.67 lakh crore has been transferred through Direct Benefit Transfer (DBT) in the current financial year.

He said India’s financial inclusion journey has been “nothing short of a miracle", noting that the launch of the Pradhan Mantri Jan Dhan Yojana (PMJDY) in 2014 marked a watershed moment by bringing more than 57 crore people into the formal banking system.

“Jan Dhan accounts hold bala

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