RBI asks NBFCs to implement core financial services solution by Sep 2025
RBI said it has been decided that 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 CFSS.
New Delhi Banking Financial Companies Core Financial Services Solution Bank On Reserve Bank Non Banking Financial Companies
Source: india.com