Bharat Bill Payment System (BBPS)
27
May
Bharat Bill Payment System (BBPS) Subject: Economy Section: Monetary Policy The Reserve Bank of India (RBI) has reduced the minimum net worth requirement for non-bank Bharat Bill Payment Operating Units (BBPOUs) from ₹100 crore to ₹25 crore. Aim: Facilitate more bill payments through Bharat Bill Payment System (BBPS) Encourage participation of non-bank Bharat Bill […]