Wednesday, September 3, 2014

Jan Dhan Yojna feasible, but unsure of costing: Ex-Bankers

.......Speaking about the scheme, which seeks to provide two accounts to 7.5 crore identified households by August 2018, two eminent bankers sought to figure out if its implementation will be a drain on the banking system.. While former MD and CFO at  State Bank of India Diwakar Gupta, in an interview to CNBC-TV18's Latha Venkatesh, said it is difficult to give an exact cost of the operation, former deputy governor KC Chakraborty said he sees no problem in banks spending Rs 18,000 crore on Jan-Dhan Yojana.............

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