BSBD accounts were introduced by the government in 2005. Women account holders as a percentage of the total stood at 40% at the end of March, or 436.5 million accounts, compared to 28% in March 2015, the economic survey said. The total number of savings bank accounts in India was 1.09 billion at the end of March. In July 2014, there were 255.4 million BSBD accounts. After the launch of the Jan Dhan scheme, the number of BSBD accounts rose rapidly to 540 million by March 2017.

Source: Mint August 11, 2017 18:33 UTC