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.
Following the violence in Nagpur, the Maharashtra Cyber Department has identified more than
IQOO 11 5G sale started, getting a 9,000 discount on the first day itself
IQOO 11 5G: There is good news for those who buy premium mobile phones in the new year. The sale
Oil companies have released the prices of petrol and diesel for today. Today companies have not m
Commercial Cylinder Updated Price: Last month on August 30, 2023, the price of the domestic gas c
Military helicopters attacked a school in Myanmar. 13 people died in the attack, including 7 chil
Kanpur Violence: Big action in Kanpur violence case, action against these 4 accused under gangster
Kanpur News: In the case of violence that took place in Kanpur, Uttar Pradesh, last month, the po
US Airstrike on Syria Amid the Israel-Hamas war, the US Army this morning carried out airstrikes
PM Modi addressed a public meeting in Saharanpur. During this, while paying homage to Mother Shak
GST Revenue: GST revenue increased by 15 percent in December 2022, Finance Ministry gave information
GST revenue in the country has increased by 15 percent to more than Rs 1.49 lakh crore in Decembe
Yogi Adityanath's government in Uttar Pradesh will help girls become self-reliant by giving them
