Bank of Baroda launches Electronic Bank Guarantee
Bank of Baroda, a public sector bank, has announced its partnership with National E-Governance Services Limited (NeSL), a government-backed information utility appointed by the Insolvency and Bankruptcy Board of India, to launch the Electronic Bank Guarantee (BG) system.
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The system enables the issuance of inland bank guarantees securely and conveniently through the bank’s digital platform BarodaINSTA.
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