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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