With this Canara Bank now offers an API based digital workflow of Bank guarantees which will eliminate physical issuance, stamping, verification and paper-based record maintenance of Bank Guarantees paving the way to augment integration of Environmental and Social Governance (ESG) framework into Business.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/canara-bank-launches-electronic-bank-guarantee-with-nesl/articleshow/95742153.cms
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