The Ministry shared detailed numbers for the past five years under schemes like Jan Dhan Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana (APY), Mudra Yojana and Stand-Up India.
As of March 2025, private banks managed only 1.83 crore Jan Dhan accounts, while the national total stood at 55.18 crore. PMJJBY enrolments at private banks rose from 32 lakh in 2021 to 52 lakh in 2025, but the national total grew from 10.35 crore to nearly 24 crore.
PMSBY enrolments at private banks doubled from about 1 crore in 2021 to 2 crore in 2025. In the same period, overall enrolments went from 23.40 crore to 51.30 crore.
The gap is visible in Atal Pension Yojana (APY) too. Private banks added subscribers from nearly 5 lakh in March 2021 to about 9.65 lakh by March 2025. Total APY subscribers grew from 3 crore to over 7.6 crore in these four years.
Under Mudra loans, private banks sanctioned about 2 crore loans worth ₹1.73 lakh crore in 2024-25. In comparison, the total loans sanctioned that year stood at over 5.46 crore accounts with a total sanction of ₹5.52 lakh crore.
The Stand-Up India scheme also shows a wide gap. In FY25, private banks sanctioned around 10,696 accounts worth ₹3,252 crore out of a total 47,057 accounts worth over ₹11,179 crore.
The Ministry said the performance of private banks is not commensurate with their presence in the banking sector.
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First Published: Jul 22, 2025 4:14 PM IST
