Which bank has been declared as the overall winner of the EASE 3.0 awards?

Question

Question

This question was previously asked in

BPSC AE Paper 3 (General Studies) 14 Oct 2022 Official Paper

Answer 1

The correct answer is State Bank of India

Key Points

State Bank of India has been declared as the overall winner of the EASE 3.0 awards.
The EASE (Enhanced Access and Service Excellence) 3.0 awards recognize the efforts of public sector banks in various categories to enhance their performance and service quality.
The awards are part of the government's reform agenda to improve the efficiency of public sector banks in India.
State Bank of India has consistently demonstrated excellence in various parameters, including digital banking, customer service, and financial inclusion.
The bank's initiatives in leveraging technology and innovation have significantly contributed to its recognition in the EASE 3.0 awards.

Additional Information

State Bank of India (SBI) is the largest public sector bank in India, with a vast network of branches and ATMs across the country.
SBI offers a wide range of banking products and services, including retail banking, corporate banking, and wealth management.
The bank has been at the forefront of adopting digital banking solutions to provide seamless and convenient banking experiences to its customers.
SBI's commitment to financial inclusion is evident through its various initiatives aimed at reaching underserved and unbanked populations.
Under the EASE reforms, public sector banks are assessed on various parameters such as customer responsiveness, responsible banking, credit off-take, and governance and HR practices.
The EASE reforms aim to make public sector banks more competitive, efficient, and customer-centric.