Union finance and corporate affairs minister Nirmala Sitharaman on Wednesday reviewed the performance of 12 public sector banks in an annual review meeting held in Mumbai. She unveiled the Enhanced Access and Service Excellence (EASE) 3.0 report and gave EASE 3.0 awards to best performing PSB’s. Sitharaman handed over EASE 3.0 awards to Canara Bank, Punjab National Bank, Indian Bank, Union Bank of India, Bank of Baroda and State Bank of India for their achievements in clean and smart banking. She also launched EASE 4.0 on the occasion. EASE is a common reform agenda for PSBs aimed at institutionalizing clean and smart banking.
Later addressing a press conference, Ms. Sitharaman said that collectively all public sector banks have done well. She said that she has requested all the banks to work in collaboration with state governments.