Interview Guidance Program (IGP) for UPSC CSE 2024, Registrations Open Click Here to know more and registration
News:Union Finance Minister has launched an eBkray or eBक्रय which is a common e-auction platform.
Facts:
About the eBkray platform:
- The eBkray platform enables the online auction of the attached assets transparently and cleanly for the improved realization of value by the Public Sector banks(PSBs).
- The platform is equipped with property search features and navigational links to all PSB e-auction sites.
- It also provides single-window access to information on properties up for e-auction as well as facility for comparison of similar properties.
- It enhances user experience through seamless access to information by search based on the type and location of property put up for e-auction by banks in India.
- The e-auction platform has also now been linked to the Indian Banks Auctions Mortgaged Properties Information(IBAPI) portal and guidelines have been made available.
Additional information:
About Indian Banks Auctions Mortgaged Properties Information(IBAPI):
- IBAPI is is an initiative of Indian Banks Association (IBA) under policy of Department of Financial Services (DFS), Union Ministry of Finance.
- It provides details of mortgaged properties to be auctioned online by banks, starting with PSBs.
- The buyers can use the portal to search and get properties details and participate in auction process.Currently,21 banks are onboard on this portal.
Discover more from Free UPSC IAS Preparation Syllabus and Materials For Aspirants
Subscribe to get the latest posts sent to your email.