Ultimate magazine theme for WordPress.

Indian Overseas Bank signs agreement with National E-Governance Services Limited for Information Utility Services


Indian Overseas Bank (IOB) recently entered into an agreement for Information Utility Services with National E-Governance Services Limited (NeSL). The NeSL became India’s first information utility (IU) for bankruptcy cases under the ‘Insolvency and Bankruptcy Code (IBC) 2016’ in October 2017.

With this agreement IOB’s will be able to provide high-quality, authenticated information about debts and defaults; which will have more transparency in maintaining the list of borrowers, debtors, creditors and loan defaulters.

At the signing of the agreement, R M A Alagappan, General Manager, Indian Overseas Bank said “This agreement signifies the core services of NeSL under IBC and Information Utility Regulations which would be available to IOB stakeholders. The Information Utility Service will enable lenders in making decisions on credit transactions”

If you have an interesting article / experience / case study to share, please get in touch with us at editors@expresscomputeronline.com


Get real time updates directly on you device, subscribe now.

Subscribe to our newsletter
Sign up here to get the latest news, updates delivered directly to your inbox.
You can unsubscribe at any time

Join Our Newsletter Today!

Stay updated with all latest updates from the world of Business Technology, get exclusive invites to our upcoming events & much more.
Subscribe Now!

  IT Salary Trends India

    Download this free report e-Book and learn:
1. IT salary structures in India
2. Transformation in IT Industry
3. Skills in Demand
4. CIO/CTO Salaries