HDFC bank has become India’s first bank to issue an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Limited (NeSL). The bank plans to migrate to the e-BG platform completely to expedite the issuance of BGs for the customers.
source https://www.jagranjosh.com/current-affairs/hdfc-bank-issues-indias-first-electronic-bank-guarantee-1663138077-1