https://www.taxtmi.com/news?id=22025 GeM's MoU with a commercial bank integrates banking services into the e-marketplace to enable a cashless, paperless and transparent payment system, including fund transfers via GeM Pool Accounts and digital advising of Performance Bank Guarantees (e-PBG) and Earnest Money Deposits (EMD); this complements GeM's broader effort to link banks and financing mechanisms such as invoice financing and Bill Discounting to improve MSME access to credit and participation in public procurement. en-us Fri, 11 Oct 2019 13:17:24 +0530 Fri, 11 Oct 2019 13:17:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22025 GeM's MoU with a commercial bank integrates banking services into the e-marketplace to enable a cashless, paperless and transparent payment system, including fund transfers via GeM Pool Accounts and digital advising of Performance Bank Guarantees (e-PBG) and Earnest Money Deposits (EMD); this complements GeM's broader effort to link banks and financing mechanisms such as invoice financing and Bill Discounting to improve MSME access to credit and participation in public procurement. News - Fri, 11 Oct 2019 13:17:24 +0530 https://www.taxtmi.com/news?id=22025