Reserve Bank of India has mandated NBFC - Middle and Upper Layers with 10 or more 'Fixed point service delivery units' (as on October 1, 2022) to implement 'Core Financial Services Solution (CFSS)' latest by September 30, 2025.
Central Bureau of Investigation (CBI) has booked ABG Shipyard for an alleged Rs 22,842-crore financial fraud. ABG Shipyard is the flagship entity of ABG Group.