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.
There has been an increase in measles cases in India this year. According to information, 12,773
Seven days have passed since the murder of national tennis player Radhika Yadav. Even now, the fa
Currently, there are nine contestants remaining on Bigg Boss 19. The reality show's finale will b
The list of 56 Kashmiri Pandits working in government departments in Kashmir Valley has been leak
Indian cricket team captain Virat Kohli has broken his silence for the first time on his decision
Congress MP Shashi Tharoor, who is facing criticism from his own party leaders, has hit back and
An accurate system should be developed to issue early earthquake warnings through smartphone app
Earthquake tremors were felt twice in a large geographical area of North India including De
Pakistan leaves the hand of terrorism, then India will get support; maybe on import
Pakistan, which is considering importing vegetables from India, is facing difficulties. It is rep
Gautam Adani has become the third richest person in the world. With a net worth of $137 billion,
Six-time Grand Slam winner Sania Mirza announced her retirement from tennis on Saturday. She said
