Union Finance Minister launched eBक्रय for online auction of assets attached by banks.
About:
Public Sector Banks (PSBs) have attached assets worth over Rs. 2.3 lakh crore over the last three financial years.
To enable online auction by banks of attached assets transparently for improved realisation of value, eBक्रय, a common e-auction platform has been launched by the Finance Minister.
The platform is equipped with property search features and navigational links to all PSB e-auction sites, provides single-window access to information on properties up for e-auction as well as facility for comparison of similar properties.
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