I am not able to fix these dependency issues, I checked it in http://localhost:4502/system/console/depfinder and used the dependency in my project's Parent pom.xml, Can anyone suggest is it the correct way or I need to add the dependencies in each folder's pom.xml under my project.
Also, dependencies available are of lesser version. How I can get it updated.
You're correct, I think you need to downgrade your bundle versions in the parent pom.xml file, To update these jars on AEM instances you need to upgrade the AEM version. What version are using now .?
And you're child module also need separate pom.ml files.
Which version of AEM are you using ?
If some dependencies are not resolved in your AEM instance then you need deploy those dependencies as bundles.