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.
The SBI Research Report, Ecowrap, has revised downwards the GDP growth rate of India for FY22 to 8.8 percent. Earlier this was estimated at 9.3 percent.
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