Consequently, it has shifted the business priorities to the selling of insurance and mutual funds products due to individual incentives affecting the core banking business. Now, the government has also asked banks to open Aadhar centres for enrolment/updation activities. Last year, SBI Managing Director Rajnish Kumar said that the SBI was planning to raise Rs 2000 crore as a penalty for non-compliance of minimum balance in savings accounts, part of which would be used to compensate the extra costs incurred to banks due to linking of 40 crore savings accounts to Aadhaar. Additionally, the imposing of Demonetisation by central government had put tremendous pressure on banks, leading to erosion of already scarce resources. Apart from penalty charges for not maintaining a minimum balance in savings accounts, over a year ago banks had started charging customers for having cash transactions at branches (irrespective of the home branch or non-home branch).