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 United Kingdom will impose sanctions on five Russian banks and three "very high-net-worth individuals" following the deployment of troops to two Moscow-backed regions of Ukraine.
The Airtel Payments Bank and ICICI Lombard General Insurance Company joined hands to offer insurance solutions against cyber crimes and financial frauds.