2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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SBI
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Canara Bank
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BOI
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HDFC Bank
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Detailed explanation-1: -The country’s largest lender State Bank of India (SBI), has launched e-Bank Guarantee (e-BG) facility by joining hands with National e-Governance Services Limited (NeSL).
Detailed explanation-2: -State Bank of India (SBI) has launched e-Bank Guarantee (e-BG) facility in association with National e-Governance Services Ltd (NeSL).
Detailed explanation-3: -Mumbai, September 12, 2022: HDFC Bank, India’s largest private sector bank, on September 4th, 2022, became the first bank in the country to issue an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Limited (NeSL).
Detailed explanation-4: -HDFC Bank, on September 12, issued the country’s first e-BG in partnership with National E-Governance Services Limited (NeSL). What is external benchmark-linked lending rate?
Detailed explanation-5: -With this Canara Bank now offers an API based digital workflow of Bank guarantees which will eliminate physical issuance, stamping, verification and paper-based record maintenance of Bank Guarantees paving the way to augment integration of Environmental and Social Governance (ESG) framework into Business.