GeM signed MoU with Central Bank of India for payment related services

GeM signed Mou with Central Bank of India (Ministry of Commerce & Industry)   WHAT Government e-Marketplace (GeM) signed MoU with the Central Bank of India for payment-related services. Central Bank of India will now offer various services including transfer of funds through GeM Pool Accounts (GPA), advising of electronic Performance Bank Guarantees (e-PBG) and Earnest Money Deposit (EMD) to the registered users on the portal. It has been developed by Directorate General of Supplies…

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