2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Corporation Bank
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State Bank of India
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Dena Bank
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Yes Bank
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Detailed explanation-1: -The Indian Overseas Bank (IOB) has signed Information Utility pact with NeSl.
Detailed explanation-2: -The primary role of NeSL is to serve as a repository of legal evidence holding the information pertaining to any debt/claim, as submitted by the financial or operational creditor and verified and authenticated by the parties to the debt.
Detailed explanation-3: -National E-Governance Services Limited (NeSL) is the first Information Utility (IU) registered with The Insolvency and Bankruptcy Board of India (IBBI) as per the Information Utility Regulations, 2017.
Detailed explanation-4: -Rs. 25/-per loan account as a one-time charge.
Detailed explanation-5: -Ans. Yes. All the parties connected to Debt need to electronically authenticate the information with an IU, in order to store the information.