eBKray Auction Platform for the sale of assets under Liquidation Process: Centralized Electronic Listing and Auction Platform – IBBI Circular No. IBBI/LIQ/78/2024 dated 29.10.2024
IBBI has collaborated with the Indian Banks’ Association (IBA) to facilitate the auction of assets through the eBKray platform which is presently owned and managed by PSB Alliance Private Limited (a consortium of 12 public sector banks). eBKray has been conducting auctions for assets mortgaged to public sector banks under the SARFAESI Act for the past five years.