India achieves near-universal banking coverage, says Ministry of Finance

India has achieved near-universal banking coverage, with 99.92% of inhabited villages (6,00,868 out of 6,01,328) now served by a banking outlet (Bank branch/ Business Correspondent / India Post Payments Bank (IPPB)) within a radius of 5 km, as per the data uploaded by banks on Jan Dhan Darshak (JDD) App. This banking expansion is supported by a robust infrastructure of over 1.81 lakh bank branches, 17.36 lakh Business Correspondents (BCs), and 1.65 lakh IPPB centers, as on 17.07.2026.