In a major step toward strengthening digital governance and ease of doing business, the National e-Governance Division (NeGD) under the Ministry of Electronics and Information Technology (MeitY), and the National E-Governance Services Limited (NeSL) have signed a landmark Memorandum of Understanding (MoU) to integrate digital document execution for electronic bank guarantees (e-BGs).
The MoU was formalised at the Global Fintech Fest 2025 in the presence of J.L. Gupta, Director, NeGD, and Debajyoti Ray Chaudhuri, MD and CEO, NeSL.
Under this partnership, NeGD’s cloud-based Entity Locker platform – an extension of the DigiLocker initiative – will integrate with NeSL’s Digital Document Execution (DDE) platform. This will enable seamless, paperless, and secure execution of contracts, includi