Question
RBI introduced the Scale based regulatory framework for
NBFCs. As per the framework, NBFCs – Middle Layer and NBFCs - Upper Layer with _____ and more ’Fixed point service delivery units’ as on October 1, 2022 shall be mandatorily required to implement ‘Core Financial Services Solution (CFSS)’, similar to the Core Banking Solution (CBS) adopted by banks.Solution
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.
Which interest rate is offered under the PM Vishwakarma Scheme for collateral-free credit support?
Which company was awarded with the Outstanding PSU of the Year at the AIMA Managing India Awards 2024? Â
Which Indian state recorded the highest GST revenue collection for December 2019?
The Public sector banks offered how much unsecured loan for the treatment of covid 19 patients?
Which of the following is in geographical proximity to Sri Lanka?
Article ______ of the Constitution of India deals with 'Proclamation of Emergency'.
Which state/UT topped the medal tally with 158 medals in the 7th Khelo India Youth Games 2025 held in Bihar?
Which of the following combinations of ‘Ruler – Predecessor’ is correct with respect to the Delhi Sultanate?
Amnesty International has its headquarters at-
The book 'Clear Light of Day' has been written by _______.