NBFCs – Middle Layer and NBFCs - Upper Layer with 10 and more ’Fixed point service delivery units’ as on October 1, 2022 shall be mandatorily required to implement ‘Core Financial Services Solution (CFSS)’, akin to the Core Banking Solution (CBS) adopted by banks. The CFSS shall provide for seamless customer interface in digital offerings and transactions relating to products and services with anywhere / anytime facility, enable integration of NBFCs’ functions, provide centralised database and accounting records, and be able to generate suitable MIS, both for internal purposes and regulatory reporting.
What the NOT Correct about Foreign Exchange Reserves of India?
i. US dollar has highest share in the Forex reserves.
ii. The reserves are ...
Which of the following statements is/are correct?
1. The NEP 2020 replaces the National Policy on Education of 1986.
2. A committee under ...
In which of the following year RBI introduced Account Aggregator Framework
In MUDRA Bank, what does MUDRA stands for -
Which of the following is not a regulator of financial sector
Following are the functions of the Reserve Bank of India (RBI) except?
In Bonds, coupon refers to
Reserve Bank of India (RBI) would bring in greater transparency in the resetting of the interest rate on equated monthly installments (EMI) for floating...
Which of the following social media giant has recently launched a parent controlled messenger app
Which technology is NOT mentioned as a focus in the Maharashtra Logistics Policy 2024?
