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Insurance surety bonds data gaps under regulatory lensIn a proactive move to strengthen the financial landscape, Indian regulators are gearing up to close the reporting voids surrounding insura...- NeSL enabling real-time access to digital debt & claims data in insolvency casesNeSL is providing instant access to digital default records for insolvency cases. This helps authorities quickly verify debt and claims. Am...
- PSBs mull portal to verify paper-based bank guaranteesIndian banks are working together to create a unified platform for validating paper-based bank guarantees. The system is designed to curb f...
- S Ramann assumes charge as PFRDA chairpersonSivasubramanian Ramann has taken over as the chairperson of the Pension Fund Regulatory and Development Authority (PFRDA), following his ap...
- Government appoints S Ramann as PFRDA chairpersonThe government has named Deputy CAG S Ramann as the new Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA). Raman...
- Punjab & Sind Bank launches e-Bank Guarantee facilityPunjab & Sind Bank has collaborated with National e-Governance Services Ltd (NeSL) to introduce an e-Bank Guarantee (e-BG) facility. This n...
- New platform to help auditors, banks verify key company information onlineFrom next month, companies will be encouraged to allow banks and auditors to upload information on funds and borrowings to a new online pla...
- Finance minister Nirmala Sitharaman likely to meet PSU bank chiefs this weekFinance Minister Nirmala Sitharaman is set to meet with CEOs of state-run banks to assess their performance on government schemes and addre...
- Banks to provide more info on fraud accounts to NeSLAccording to officials aware of the deliberations, the Indian Banks Association, or IBA, and National E-governance Services Ltd. (NeSL) are...
- Bank of Baroda launches electronic bank guarantee on its digital platformBank of Baroda has launched electronic bank guarantees (e-BGs) on its BarodaINSTA platform in collaboration with National E-Governance Serv...
- NeSL takes a million loan papers digital, aims for moreSo far, more than 25 financial sector entities have already been onboarded on the NeSL DDE platform and are undertaking transactions. Bank ...
- Canara Bank launches Electronic Bank Guarantee with NeSLWith this Canara Bank now offers an API based digital workflow of Bank guarantees which will eliminate physical issuance, stamping, verific...
- NHAI to now accept electronic bank guaranteesA Bank Guarantee (BG) is a commercial instrument used as a legal contract in which a bank acts as a guarantor and undertakes an obligation ...
- Sivasubramanian Ramann takes charge as chairman, Managing Director, SIDBIUnder his leadership, SIDBI’s vision of serving the national missions of AtmaNirbhar Bharat with credit plus, digital delight and strengthe...
- Insolvency board setting up two portals for sale of distressed assetsThe move will likely unlock big opportunities amid lockdown restrictions.
- BBB recommends S Ramann for post of SIDBI chairman & managing directorRamann, 1991-batch Indian Audit & Accounts Service officer, is currently CEO of National E-Governance Services Limited (NeSL), India's firs...
- Banks can choose their own tech providers for digital documentation, government clarifiesThe Ministry of Finance had in August issued a circular to the managing directors and chief executive officers of all commercial banks sayi...
- IBBI relaxes norms for information utilitiesIBBI has amended the IBBI (Information Utilities) Regulations, 2017 which also allows individuals to hold up to 51 per cent of the paid-up ...
- NeSL to be the first Information Utility under the new recovery lawState Bank of India, Life Insurance Corporation of India, Canara Bank, Bank of Baroda, HDFC, ICICI Bank, Axis Bank have set up NeSL.
- NeSL receives in-principle approval for establishing information utility in IndiaNeSL is owned and promoted by leading public institutions including SBI and LIC.
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