FinMin launches BAANKNET

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(PTI)

The Finance Ministry has launched a revamped e-auction portal named ‘BAANKNET’ to further streamline the listing and auctioning of banks’ assets, Parliament was informed on Monday.

The revamped e-auction portal was launched on January 3, 2025, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Lok Sabha. The platform ‘e-BKray’ was launched in February 2019, he said.

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