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FinMin launches BAANKNET, e-BKray to enhance PSU bank e-auctions

Business Standard LogoBusiness Standard4d ago

FinMin launches BAANKNET, e-BKray to enhance PSU bank e-auctions - Business Standard

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Beyond the free transactions, he said, charges are levied for each ATM transactions, as per the respective Board approved policies of banks, and the ceiling/cap is Rs 21 plus applicable taxes per transaction.

Further, he said, many banks and financial institutions have developed online platforms and mobile apps for end-to-end digital processing of loan applications, reducing the need for physical paperwork and in-person visits.

Replying to another question, Chaudhary said the Jan Samarth portal is a one-stop digital platform for linking 15 government-sponsored loans and subsidy schemes.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-24 @ 22:05:59 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 428 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27286200

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 337 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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