Bharat Bill Payment Operating Units Current Affairs, GK & News

RBI Norms for Setting Up of Bharat Bill Payment Operating Units

The Reserve Bank of India has eased the norms for non-bank entities for setting up Bharat Bill Payment operating units by reducing the net worth that is required to Rs 25 crore. This was done with the aim of encouraging more stakeholders to participate in this segment. Currently, the required net worth was Rs 100 ..