Which public sector bank launched e-BG services under Project WAVE alongside NeSL?.
Indian Bank.
2023 July
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Project WAVE has launched e-BG (electronic bank guarantee) services provided by Indian Bank in collaboration with National E-Governance Service Limited (NeSL). In order to guarantee fully end-to-end digitally pre-approved business loans, Indian Bank has also introduced a new facility under Project WAVE. A loan of 25 lakh rupees can be processed using the facility.
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