WHY IN THE NEWS?

• Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman has announced the EASE 3.0 Awards. State Bank of India is the Overall winner of the EASE Reforms Index Award 2021 (EASE 3.0 Awards).
• Bank of Baroda is second and Union Bank of India is third. 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.