Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 790)

2023-11-07 National

790.

Which financial institution in collaboration with the National E-Governance Services Ltd (NeSL) introduced electronic bank guarantee services to streamline trade finance processes?

National Bank of India

Standard Chartered India

HSBC India

ICICI Bank

Answer: Option

Explanation:

HSBC India, in partnership with the National E-Governance Services Ltd (NeSL), launched electronic bank guarantee services to modernize trade finance processes and replace the traditional paper-based system.