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 Supreme Court on Thursday banned the registration of any new FIR against Tamil Nadu Deputy Ch
Indian-origin research scientist Darshana Patel will contest the 2024 California State Assembly e
Given the availability of a large number of passengers for the last phase of Maha Kumbh Mela, 120
The command of Twitter has now come into the hands of Elon Musk. After this, Elon Musk sacked sev
IIT Guwahati: 20-year-old student commits suicide at IIT Guwahati, police investigation underway
IIT Guwahati Student Suicide: Bad news has come out from the Indian Institute of Technology Guwah
An incident during the promotional event for Prabhas's upcoming film 'The Raja Saab' in Hyderabad
Actor Ayushmann Khurrana calls him Anubhav Sinha 2.0. Even fans of director Anubhav Sinha are lov
Sai Pallavi: Sai Pallavi wanted to become a doctor, not an actress, know how her destiny changed
At present, South Cinema is hoisting the flag of its success not only in India but in the whole w
Indian team leg-spinner Yuzvendra Chahal plays only limited-overs cricket, but England legend Gra
A disgusting act of Khalistan supporters has come to the fore in Canada. While shouting Khalistan
