
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.
The air quality of the capital Delhi is continuously bad. Which got worse on Monday. The Air Qual
Chaos at singer Babbu Maan's show, people threw chairs and bottles; police resorted to lathi-charge
During Babbu Maan's live show which was going on after the Kabaddi Cup held in Baddowal area on S
Karnataka Chief Minister Siddaramaiah shared a tweet on Monday on the death of B. Saroja Devi, ex
South Industry's well-known actor Vijay Deverakonda is once again in the headlines for his person
Parineeti Chopra is soon going to start a new chapter of her life with Aam Aadmi Party leader Rag
Winter season, lack of food; Now India trusts Europe to pacify Russia
Nine months have passed since the war between Ukraine and Russia, but so far neither of them is r
There has been a clash between the soldiers of India and China on the Line of Actual Control (LAC
Sri Lanka-like situation may arise in Pakistan in the coming days, IMF issued a warning
Pakistan is currently facing an extreme economic crisis. Here the rate of inflation has reached 2
Along with the irregularities in NEET-UG and UGC-NET, irregularities have been reported in anothe
Twitter co-founder and former CEO Jack Dorsey claimed that India was 'pressuring' him to close th