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Rajasthan approves automated e-Stamping for bank guarantees

The Rajasthan government on Friday launched the automated e-Stamping (AeS) process for bank guarantees with Stock Holding Corporation, the state's Central Record-keeping Agency (CRA), and SWIFT India. The process is functional in the state through Stock Holding over SWIFT India's messaging platform for bank guarantees, according to a statement from SWIFT India.