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.
State Bank of India has collaborated with Tata Power Solar Systems Ltd. To launch a dedicated centralized processing cell named 'Surya Shakti Cell' to strengthen the existing financing arrangement for solar power projects.