how many millions is equal to one crore
Indian numbering system The Indian numbering system is used in India as well as in Bangladesh, Nepal and Pakistan. The terms lakh or lac (100,000 or 1,00,000 in the Indian system) and crore (10,000,000 or 1,00,00,000 in the Indian system)[1] are used in Indian English to express large numbers. For example, in India 150,000 rupees becomes 1.5 lakh rupees, written as ₹1,50,000 or INR 1,50,000, while 30,000,000 (thirty million) rupees becomes 3 crore rupees, written as ₹3,00,00,000 with commas at the thousand, lakh, and crore levels, and 1,000,000,000 (one billion) rupees (one hundred crore rupees or one arab ارب ) is written ₹1,00,00,00,000.
Pradhan Mantri Jan Dhan Yojana Run by Department of Financial Services, Ministry of Finance, on the inauguration day, 1.5 Crore (15 million) bank accounts were opened under this scheme.[2][3] Guinness World Records Recognises the Achievements made under PMJDY, Guinness World Records Certificate says "The most bank accounts opened in 1 week as a part of financial inclusion campaign is 18,096,130 and was achieved by Banks in India from 23 to 29 August 2014". By 7 February 2018, over 31 crore (310 million) bank accounts were opened and over â‚¹745 billion (US$12 billion) were deposited under the scheme.[4]