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 Reserve bank of India authorizes all Pre-paid Instruments (PPI) in India, under the powers conferred under the Payment and Settlement Systems Act, 2007 (PSS Act).
Storm Eunice sparked the first-ever red weather warning for London. It was one of the most powerful tempests in Europe since the Great Storm hit Britain and northern France in 1987.