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Digital Integration in PSB Operations

Trending news highlights the shift to real-time e-Bank Guarantees via NeSL-NeGD MoU, reducing paperwork by 90% for PSBs and PSUs in infrastructure projects. This aligns with RBI’s push for tokenised deposits (piloted October 7, extended discussions October 9), predicting a 30% efficiency gain

By Whispers in the Corridors 1 min read

Trending news highlights the shift to real-time e-Bank Guarantees via NeSL-NeGD MoU, reducing paperwork by 90% for PSBs and PSUs in infrastructure projects. This aligns with RBI’s push for tokenised deposits (piloted October 7, extended discussions October 9), predicting a 30% efficiency gain in settlements by FY26.

 

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