Recently, the term "BAANKNET" was seen in the news, it is related to:
1
Merger of the functioning of 28 Regional Rural Banks under one umbrella portal
2
Auctioning of Non-Performing Assets of PSU banks
3
E-Licensing of all Udyam-registered Micro Enterprises
4
Providing a one-stop platform for India’s bancassurance ecosystem by merging banking reach with insurance expertise