SBI launches e-Bank Guarantee facility
Business

SBI Launches e-Bank Guarantee (e-BG) Facility In Association With National e-Governance Services Limited (NeSL)

State Bank of India (SBI) has launched e-Bank Guarantee (e-BG) facility in association with National e-Governance Services Limited (NeSL). This facility will bring about a revolutionary change in the banking ecosystem, where bank guarantee is frequently used in large volumes. Currently, the bank issues these guarantees with physical stamping and wet signatures. The introduction of […]