Finance Minister launches ‘eBkray’ auction platform for assets attached by banks

  • Union Finance Minister Nirmala Sitharaman has launched eBkrayan common e-auction platform to enable online auction of attached assets transparently and cleanly for the improved realization of value by banks.
  • The platform will help buyer to easily navigate to bank e-auction site after a notified property is selected. It also helps user to search property using State-wise, District-wise and bank-wise details.

About eBkray platform

  • Objective of Portal: To enhance user experience through seamless access to information by search based on type and location of property put up for e-auction by banks in India.
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