BANK NEWS
SBI spent Rs 775 cr in maintaining Jan Dhan accounts
NEW DELHI. The total cost of operation of Jan Dhan accounts by State Bank of India is Rs 774.86 crore, Parliament was informed today. “Bank-wise and year-wise information on the cost of operation of Pradhan Mantri Jan Dhan accounts is not maintained. However, the total cost of operation of Jan Dhan Yojana (PMJDY) accounts as reported by State Bank of India as on December 31, 2016, is Rs 774.86 crore,” Minister of State for Finance Santosh Kumar Gangwar said in a written reply in the Rajya Sabha.
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