Question

Which public sector bank has launched the e-Bank Guarantee (e-BG) facility with National e-Governance Services Limited (NeSL) to reduce the time in loan disbursements and eliminate the lengthy paperwork?

A PNB Correct Answer Incorrect Answer
B Union Bank Correct Answer Incorrect Answer
C SBI Correct Answer Incorrect Answer
D UCO Bank Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

State Bank of India has launched the e-Bank Guarantee (e-BG) facility in association with National e-Governance Services Limited (NeSL) that could reduce the time taken in loan disbursements and eliminate the lengthy paperwork involved in banking.

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