HDFC Bank have become the first financial institution inside the usa to problem an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Ltd (NeSL).
The paper based, time-consuming technique has been eliminated with the brand new digital financial institution ensures that may be processed, stamped, established and added immediately with better security. This is a transformational exchange, and the Bank will migrate to e-BG to benefit all its customers.
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