October 8, 2025 5:35 PM
India moves closer to paperless governance with real-time digital execution of e-bank guarantees
In a major step toward strengthening digital governance and ease of doing business, the National e-Governance Division (NeGD) under the Ministry of Electronics and Information Technology (MeitY), and the National E-Governance Services Limited (NeSL) have signed a landmark Memorandum of Understanding (MoU) to integrate digital document execution for electronic bank guarantees (e-BGs). The MoU was formalised at the Global Fintech Fest 2025 in the presence of J.L. Gupta, Director, NeGD, and Debajy...