http://www.rediff.com/money/2008/aug/01jobs.htm

24 lakh applicants for 20,000 SBI jobs

State Bank of India [Get Quote], the country's largest bank, has received nearly 2.4 million applications for 20,000 clerical jobs. While the bank itself is surprised by the response, the interest has also generated some revenue for the public sector player.

With each form costing Rs 250, the bank has raked in around Rs 60 crore (Rs 600 million). Apart from SBI, other public sector players such as Bank of India and Dena Bank [Get Quote] too are recruiting clerks, though the number of candidates they are looking for a far less at 500 each.
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My 2c on this.
When will these banks adopt online applications that are free? Or they may be trying to recoupe the money they lost during the write offs.

well said..
they just want to make money out of everything possible..

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Your attitude, not your aptitude, will determine your altitude.

Application money goes to Public sector bank and then it will go to Government treasury.
What is wrong in this?

No, it does not go to the govt treasury. It stays with the bank.

PS Banks are not paying dividend to their shareholders?
Govt. is the major shareholder in PS Banks.

I am sure u know that SBI is on the stock exchange. The profits by the PS banks does not go to the govt, as I have heard from the bank folks.

If PS Banks are not remitting their profit to the major share holder (Govt of India), then why they are called as Public Sector Banks?
What is the difference between ICICI Bank and SBI?