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.
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.
With the integration of Chhattisgarh, the ONORC plan is now operational in 35 States/UTs covering almost 96.8 per cent of about 77 crores NFSA beneficiaries in the country.