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Canara Bank offers Online Digital Balance Confirmation Certificate

Kochi, Mar 18 (UNI) In a move to enhance efficiency and eliminate manual processes, Canara Bank has become the first bank to offer an online Digital Balance Confirmation Certificate through the PSB Alliance Pvt Ltd portal.
This initiative significantly reduces the time required for auditors to complete the auditing process by replacing the traditional manual approach with a seamless digital solution.
Previously, auditors had to approach banks individually with authority letters to obtain Balance Confirmation Certificates, a time-consuming process.
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