The National e-Governance Division (NeGD) under the Ministry of Electronics and Information Technology (MeitY) and the National E-Governance Services Limited (NeSL), an Information Utility regulated by the Insolvency and Bankruptcy Board of India (IBBI), have signed a Memorandum of Understanding (MoU) to strengthen digital document management for businesses and government entities.The MoU was formalised at the Global Fintech Fest 2025 in the presence of Shri J. L. Gupta, Director, NeGD, and Shri Debajyoti Ray Chaudhuri, Managing Director and CEO of NeSL.Through this collaboration, NeGD’s Entity Locker—a cloud-based document management platform and an extension of the DigiLocker initiative—will be integrated with NeSL’s Digital Document Execution (DDE) platform. The DDE platform enables secure, paperless execution of contracts, including electronic bank guarantees (e-BGs) that are legally enforceable in digital form.This integration will allow beneficiaries and applicants of e-BGs to directly access digitally executed bank guarantees from NeSL’s repository via their Entity Locker accounts. The move is expected to streamline workflows, enhance transparency, and strengthen legal compliance, aligning with India’s goal of advancing digital governance and ease of doing business.Key benefits of NeSL’s e-BG system include:Fully secure and tamper-proof documentation.Faster processing—completed within minutes instead of days.Digital management of the full lifecycle, including issuance, renewal, and invocation.Paperless, environment-friendly process.Easy verification through a central digital repository.Both organisations reaffirmed their commitment to data privacy and security, ensuring compliance with the Insolvency and Bankruptcy Code, 2016, and other applicable data protection regulations. The partnership also enables the secure exchange of financial information while maintaining confidentiality and legal integrity.This alliance lays the groundwork for future innovations in digital governance, improving government-to-business (G2B) and business-to-business (B2B) digital interactions across India.Speaking on the partnership, Shri J. L. Gupta said, “We expect more such collaborations with NeSL in the future. Through NeSL’s e-stamp paper service, users can procure e-stamps and sign contracts digitally in real time, ensuring a seamless, paperless, and legally valid process.”Shri Debajyoti Ray Chaudhuri added, “NeSL’s e-BG resolves the challenges of traditional paper-based guarantees. It is accessible, affordable, and efficient. This collaboration with MeitY marks a major milestone, especially for MSMEs, who can now access their e-BGs and related services through Entity Locker.”