Banking Awareness

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Under EASE3.0, which bank has won the award for the best improvement from the baseline performance?

Canara Bank

Punjab National Bank

Indian Bank

Union Bank of India

Explanation:

Correct Answer: [Indian Bank]

Notes:

Union Minister of Finance and Corporate Affairs Nirmala Sitharaman today unveiled the fourth edition of the Public Sector Bank (PSB) Reforms Agenda ‘EASE 4.0’ for 2021-22 – tech-enabled, simplified, and collaborative banking.
She unveiled the annual report for the PSB Reforms Agenda EASE 3.0 for 2020-21 and participated in the awards ceremony to felicitate best performing banks on EASE 3.0 Banking Reforms Index.
State Bank of India, Bank of Baroda and Union Bank of India have won the awards for best performing banks for PSB Reforms EASE 3.0 based on the EASE index.
Indian Bank won the award for the best improvement from the baseline performance.
SBI, BoB, Union Bank of India, Punjab National Bank and Canara Bank won the top awards in different themes of the PSB Reforms Agenda EASE 3.0

By: Brijesh Kumar

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