RBL Bank launched Electronic Bank Guarantee (e-BG), signalling a significant step forward in trade finance digital transformation.

• The e-BG product builds on the framework enabled by NeSL, incorporating their expertise in e-Stamping and e-Sign.
• This integration eliminates the traditional physical signing and stamping processes, seamlessly transitioning into a secure and efficient digital format. 
• Debajyoti Ray Chaudhuri, MD & CEO of NeSL, said, “NeSL’s e-BG substantially transforms the trade finance space and marks a milestone in the digitization of the banking services".