Mumbai, Aug 25 : 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 also 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.

Pankaj Jain, Additional Secretary, Department of Financial Services, Amit Agrawal, Additional Secretary, Department of Financial Services and Chairman, IBA, Rajkiran Rai G were also present at the event.

SBI, BoB and Union Bank of India won the top honous.

State Bank of India, Bank of Baroda and Union Bank of India 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.

The Finance Minister complimented Public sector banks for continuing to provide uninterrupted service and credit delivery to its customers, despite the Covid pandemic. They had also been at the forefront of extending banking services in the remotest parts of the country, she said.(UNI)