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RBI reduces net-worth requirement for non-bank Bharat Bill Payment Units to ₹25 crore

On April 08, 2022, the Reserve Bank of India has announced in the Statement on Development and Regulatory Policies  regarding reduction of minimum net-worth requirement for non-bank Bharat Bill Payment Operating Units (BBPOUs) to ₹25 crore.

The minimum net-worth criterion for non-bank firms has been lowered from the earlier minimum net worth requirement of 100 crore. The BBPS guidelines have been accordingly amended.

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