The Reserve Bank of India (RBI) has given major relief by relaxing norms for non-bank entities to set up Bharat Bill Payment Operating Units. On Thursday, the central bank said that to attract more companies in this segment, the net worth requirement has been reduced to Rs 25 crore.
It may be noted that at present the net worth limit for a non-bank entity to set up Bharat Bill Payment Operating Units is Rs 100 crore. Bharat Bill Payment System (BBPS) is an interoperable platform for bill payments. That is, through this platform, the bill can be paid through any other payment platform. The Reserve Bank of India has said in a statement issued in this regard that the minimum net worth requirement for non-bank Bharat Bill BBPOU has been reduced to Rs 25 crore.
US Freedom Day Parade accused wanted to die: used to get jealous of the attention given to others, used to say - I will kill everyone, this is my destiny
The firing took place at the Freedom Day Parade in Chicago on America's Independence Day. 7 people died and 31 were injured in this attack. The suspect, 22-year-old Robert E Cremo III, was arrested in
Lok Sabha Election: In the second phase, six ministers of the Central Government are also in the fray, who is challenging whom?
Voting for the second phase of Lok Sabha elections is taking place on Friday. In the second round, voting is taking place on 88 seats in 13 states and union
Foreign Minister S Jaishankar said India is preparing 'the world and the world 'India' in the G-20 year
Indian External Affairs Minister S Jaishankar on Thursday said that in the year of India's G20 presidency, the country is "preparing the world" and the world is "preparing India". He inaugurated the
India's first private rocket launch: Company bid- Satellite launching will be as easy as booking a cab; took off from Sriharikota at 11:30
India's first private rocket Vikram-S was launched today at 11:30 am from Satish Dhawan Space Center in Sriharikota. This single-stage rocket has been made by Indian startup Skyroot Aerospace. This is
ECI Voter List Bihar: Whose use is the list of 65 lakh voters removed? Claims and objections unaffected in special intensive revision
The Election Commission of India, which is busy preparing for the Bihar assembly elections, is on the target of the opposition. During the special intensive revision of voters in Bihar, the opposition
CEC Appointment: Congress opposes the appointment of a new Chief Election Commissioner, saying- this decision is anti-constitutional
Congress has opposed the appointment of the new Chief Election Commissioner of the country. Congress described the appointment as against the spirit of the Constitution and destroying the election
Gujarat Election 2022: The election of Gujarat stuck between these 'three models'! Who will win?
In the elections to be held in Gujarat, this time there will be a test of 'three models. Number one is the model of Gujarat, based on which the Bharatiya Janata Party has contested elections across
Russia-Ukraine War: The people of Russia-Ukraine will not get peace even in the middle of Christmas, Russia said- this war will continue
The Russia-Ukraine war is not going to stop even amid Christmas. Russia told that the war will continue even amid Christmas. Earlier, Ukraine's President Vladimir Zelensky had said that Russia should
Bhool Bhulaiyaa 2 Box Office Collection: Karthik Aryan's film crossed 100 crores, earned so much in 1 week
Kartik Aaryan's 'Bhool Bhulaiyaa 2' has earned a record break in the first week itself. This horror-comedy by Anees Bazmee has joined the club of 100 crores. Yes, Bhool Bhulaiyaa 2 has raised new hope
RBI GDP Growth: RBI increased India's economic growth forecast, GDP can be affected by this
The announcement of the new monetary policy by the Reserve Bank of India (RBI), has increased the economic growth projection for the current financial year. The revised growth rate has now been
