Indian Banks' Association has announced the IBA's 17th Annual Banking Technology Awards 2021. In total South Indian Bank has won 6 awards in the event.
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.
Gujarat government has announced a new IT/ITeS policy for the next five years. The new IT/ITeS policy aims to provide financial incentives up to 200 crore rupees to the entities willing to incur capital expenditures.
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.