Highlighting its reach among marginalized populations, 78 percent of these accounts are situated in rural or semi-urban areas and roughly 56 percent are held by women. Additionally, the scheme has facilitated digital transaction adoption by issuing over 41 crore RuPay debit cards, while pushing the average deposit per account to 5,356 rupees. At the core of the Jan-Dhan-Aadhaar-Mobile (JAM) trinity, the scheme continues to serve as a direct, transparent mechanism for delivering government benefits, successfully driving the country’s Financial Inclusion Index from 53.9 in 2018 up to 67 in 2026.

The discussions focused on strengthening digital banking ecosystems, enhancing cybersecurity frameworks and improving access to credit for MSMEs and other productive sectors. Emphasis was also laid on prudent expenditure management and austerity measures while ensuring resilience amid global economic uncertainties. M. Nagaraju highlighted the importance of robust grievance redressal mechanisms, strong governance standards and operational preparedness to keep the banking system resilient and aligned with the vision of Viksit Bharat 2047. During the meeting, the revamped Department of Financial Services website was also launched, offering improved accessibility, seamless navigation and information dissemination in more than 23 regional languages.