01868nam a22001697a 4500999001900000008004100019100004100060245013100101260006200232300003300294520102700327650014301354773006201497906002401559942000701583952010801590  c519027d519027220120b           ||||| |||| 00| 0 eng d  aDutta, Swati and Mehta, Singh931923  aBanking the unbanked: The performance and impact of Pradhan Mantri Jan Dhan Yojana (PMJD) schemes on poor households in Bihar   aIASSI Quarterly: Contributions To Indian Social Science    a40(1), Jan-Mar, 2021: p.5-28  aThe paper examines the impact of PMJDY scheme on the poor households’ financial behavior in terms of savings, borrowings, and active use of bank accounts based on a primary survey conducted in eight villages spread over two districts of Bihar during August 2018. The results show that PMJDY programme has been broadly successful as a financial inclusion strategy related to opening bank account among poorer households particularly those engaged in casual labour activities and illiterate. However poor households are still largely dependent on SHGs and money lenders for accessing credit due to lack of suitable saving products. The Probit regression analysis suggests that education plays an important role in the active use of bank account as very few poor households were aware of the overdraft facility, accidental insurance, and life insurance. Hence, the financial literacy programme as well as suitable savings products for the poor need to be emphasized to improve the functioning of the scheme. – Reproduced   aFinancial inclusion, Pradhan Mantri Jan Dhan Yojana, Financial product, Financial literacy, Savings account, Informal institutions.929182  aIASSI Quarterly: Contributions To Indian Social Science    aBANKING AND FINANCE  cAR  00102ddc40709393079aIIPAbIIPAd2022-01-20h40(1), Jan-Mar, 2021: p.5-28pAR126068r2022-01-20yAR