Categories: Banking

Bank of Baroda tops EASE 2.0 Index by IBA

As per the EASE Banking Reforms Index 2.0, Bank of Baroda has been placed at the first spot. State Bank of India and Oriental Bank of Commerce (OBC) got the 2nd and 3rd place respectively. The Indian Banking Association (IBA) makes EASE (Enhanced Access and Service Excellence) reform index. The aim of this index is to bring fruitful change in the PSBs by brining in healthy competition among these PSBs and by encouraging them to learn from each other.

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The Index measures the performance of the Public Sector Bank on more than 120 objective metrics based on six themes.

Responsible Banking
Customer Responsiveness
Credit off-take
Governance and HR
PSBs as Udyamimitra for MSMEs
Deepening Financial Inclusion and Digitalisation.

Important takeaways for all competitive exams:

Indian Banking Association CEO: Sunil Mehta.
Indian Banking Association Headquarters: Mumbai, Maharashtra.
Indian Banking Association Founded: 26 September 1946.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.