Banking Sector Reforms

[pib] eBkry (eBक्रय) PortalPIB

Note4Students

From UPSC perspective, the following things are important :

Prelims level : eBkry Portal

Mains level : Not Much


Union Finance Ministry has recently launched the eBkry e-auction portal.

eBkry Portal

  • To enable online auction by banks of attached assets transparently and cleanly for the improved realization of value, eBक्रय is launched.
  • It is framework for promoting online auction of assets attached by the banks.
  • It is equipped with the property search features and contains navigational links to all PSBs e-auction sites.
  • The framework aims to provide single-window access to information on properties.
  • eBkry also contains photographs and videos of the properties uploaded on the platform.

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