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NESL
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...
- India, with highest number of polluted cities, to now make pollution monitoring equipmentIndia has established its first National Environmental Standard Laboratory (NESL) at CSIR-NPL, aiming to reduce reliance on foreign certifi...
- 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...
- 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 ...
- You will soon have access to paperless home loans“Recently, MeitY has issued a notification which allows home loans to be brought under the digital documentation category. We are still wor...
- Paperless home loans may become a reality soonThe conventional home loan application process is seen as tedious, with multiple visits to the branch. The documentation process also invol...
- 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...
- Banks in talks with NESL to set up loan registry, information utility"The aim is to increase the efficiency in exchange of information in the consortium arrangement," said a senior bank executive aware of the...
- 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.
- 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...
- 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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