Mumbai, Maharashtra Oct 9, 2025 (Issuewire.com) - National e-Governance Services Limited (NeSL) & National e-Governance Division (NeGD) sign MoU to Enhance Digital Document Management and Execution
National E-Governance Services Ltd. (NeSL), India’s first Information Utility regulated by the Insolvency and Bankruptcy Board of India (IBBI), has entered into a landmark Memorandum of Understanding (MoU) with the National e-Governance Division (NeGD), under the Ministry of Electronics and Information Technology (MeitY), Government of India, to enhance and integrate digital document management and execution services for businesses and government entities.
The MoU was signed at the Global Fintech Fest 2025 in the presence of Shri Debajyoti Ray Chaudhuri, MD & CEO, NeSL, and Shri J.L. Gupta, Director, NeGD, along with senior leaders from both organizations.
Through this collaboration, NeSL’s Digital Document Execution (DDE) platform—a pioneering solution facilitating paperless and secure execution, e-stamping, and e-signing of debt and non-debt related documents, including electronic bank guarantees (e-BGs) a specialized service on the DDE platform will integrate with NeGD’s cloud-based document management platform, Entity Locker platform, an extension of the DigiLocker initiative aimed at streamlining document issuance, storage, sharing, and verification.
The MoU enables beneficiaries and applicants of e-BGs to securely fetch and access digitally executed bank guarantee documents from NeSL’s e-BG repository directly into their respective Entity Locker accounts. This integration fosters faster, more transparent, and legally compliant digital workflows, supporting India’s vision of accelerated digital governance and ease of doing business. Benefits of e-BGs include:
- Fully secure and tamper-proof documents
- Faster turnaround in issuance over traditional paper BGs from few days to within minutes for an e-BGs
- Ease of transmission and access by all concerned parties
With this collaboration, both NeGD and NeSL reaffirm their commitment to data security and confidentiality. The partnership includes provisions for secure sharing of financial information, strict adherence to applicable laws including the Insolvency and Bankruptcy Code, 2016, and compliance with data privacy regulations.
This alliance establishes a foundation for future associations and innovations in the digital solution space, further enhancing the efficiency of government-to-business and business-to-business digital interactions.
Shri Debajyoti Ray Chaudhuri, MD & CEO, NeSL, added, "NeSL’s e-BG addresses all the challenges in the traditional physical BGs. It is also easily accessible and affordable. The MoU with MeitY is a significant milestone as it would help users of our eBGs like the MSMEs, who can now access an entire bouquet of services including access of their eBGs through Entity Locker.”
Talking about the collaboration, Shri J.L. Gupta, Director, NeGD, said, "We are expecting more such collaborations with NeSL in the future. With NESL’s e-stamp paper service, one can procure e-stamp paper and sign contracts in real time digitally using the e-signing facility; ensuring a seamless, paperless, and legally valid process."
About National E-Governance Services Ltd (NeSL):
National E-Governance Services Ltd (NeSL) is India’s first Information Utility (IU), regulated by the Insolvency and Bankruptcy Board of India (IBBI) under the Insolvency and Bankruptcy Code, 2016. It serves as a neutral, legally backed repository of financial obligations submitted by creditors and authenticated by concerned parties. NeSL provides early-warning alerts, digital document execution (DDE), and authenticated verification of debt for lenders, corporates, and insolvency stakeholders. Today, over 60 institutions across banking, NBFCs, capital markets, and corporates employ NeSL’s DDE and data services.
About NeGD:
The National e-Governance Division, an independent business division under Digital India Corporation and MeitY, is responsible for supporting the implementation of e-Governance programs across central and state governments, offering technical and advisory assistance.
For all media queries, please contact:
Mr. Gurudeep Ramakrishna
Lead – Digital Marketing, Branding & Communications
National E-Governance Services Ltd. (NeSL)
Email: gurudeepr@nesl.co.in
Mobile: +91 94820 47703.
Media Contact
NeSL *****@nesl.co.in 9821954264 https://nesl.co.in/
