Bharat Bill Payment System

Bharat Bill Payment would make it easier for NRIs to pay their bills in India with inward gross payments

Shaktikanta Das, governor of the Reserve Bank of India (RBI), stated on August 5 that the Bharat Bill Payment System will make it easier for NRIs to pay bills in India using inbound gross payments.

RBI reduces Bharat Bill Payments System Operating Units from Rs 100 crore to Rs 25 crore

Das has also stated that the net worth requirement for the Bharat Bill Payments System Operating Units has been lowered from Rs 100 crores to Rs 25 crores only.

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