Question : Agreement Signed between Railways and SBI

(a) whether any agreement has been signed between the Railways and the State Bank of India regarding collection of cash received from sale of railway tickets at the station itself ;

(b) if so, the names of zones which have signed this agreement;

(c) the benefits likely to be accrued to the Railways from this agreement; and

(d) if not, the reasons therefor?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF RAILWAYS

(SHRI RAJEN GOHAIN)

(a) & (b): Yes, Madam. At present, the following nine Zonal Railways have entered into an agreement with State Bank of India regarding collection of cash from Railway stations:
(i) Eastern Railway
(ii) East Central Railway
(iii) Northern Railway
(iv) North Central Railway
(v) North Eastern Railway
(vi) South Eastern Railway
(vii) South East Central Railway
(viii) South Western Railway
(ix) West Central Railway

(c): The scheme has helped in faster remittance of station earnings in Government’s bank account.

(d): Does not arise.

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