Reserve Bank Of India Provides Guidelines For Payment Systems
PYMNTS
OCTOBER 15, 2019
The Bharat Bill Payment System (BBPS) is intended to be used for scheduled bill payments , covering things like electricity, gas and water. The bankers met with Finance Minister Nirmala Sitharaman on Monday (Oct. For TReDS, there would have to be a minimum of Rs 25 crore in equity capital.
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