{"id":267515,"date":"2022-05-27T11:30:09","date_gmt":"2022-05-27T06:00:09","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=267515"},"modified":"2022-05-27T11:01:10","modified_gmt":"2022-05-27T05:31:10","slug":"rbi-reduces-net-worth-requirement-for-non-bank-bharat-bill-payment-units-to-%e2%82%b925-crore","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2022\/05\/27\/rbi-reduces-net-worth-requirement-for-non-bank-bharat-bill-payment-units-to-%e2%82%b925-crore\/","title":{"rendered":"RBI reduces net-worth requirement for non-bank Bharat Bill Payment Units to \u20b925 crore"},"content":{"rendered":"<p style=\"text-align: justify;\">On April 08, 2022, the Reserve Bank of India has announced in the <a class=\"links\" href=\"https:\/\/www.rbi.org.in\/Scripts\/BS_PressReleaseDisplay.aspx?prid=53536\" target=\"_blank\" rel=\"noopener\">Statement on Development and Regulatory Policies\u00a0 <\/a>regarding reduction of minimum net-worth requirement for non-bank Bharat Bill Payment Operating Units (BBPOUs) to \u20b925 crore.<\/p>\n<p style=\"text-align: justify;\">The minimum net-worth criterion for non-bank firms has been lowered from the earlier minimum net worth requirement of <span class=\"webrupee\">\u20b9<\/span>100 crore. The <a class=\"links\" href=\"https:\/\/www.rbi.org.in\/Scripts\/NotificationUser.aspx?Id=9368&amp;Mode=0\" target=\"_blank\" rel=\"noopener\">BBPS guidelines<\/a> have been accordingly amended.<\/p>\n<p style=\"text-align: justify;\">\n","protected":false},"excerpt":{"rendered":"<p>On April 08, 2022, the Reserve Bank of India has announced in the Statement on Development and Regulatory Policies\u00a0 regarding reduction of <\/p>\n","protected":false},"author":8808,"featured_media":265081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[],"class_list":["post-267515","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - 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SEBI\u2019s move aimed at allowing only informed investors to trade in the securities. Only certain \u201cqualified buyers\u201d will be permitted to trade in them,\u2026","rel":"","context":"In &quot;Business News&quot;","block_context":{"text":"Business News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/business_news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":265084,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/04\/06\/rbi-notifies-net-owned-fund-for-nbfcs-to-commence-business\/","url_meta":{"origin":267515,"position":5},"title":"RBI notifies net owned fund for NBFCs to commence business","author":"Bhumika Indulia","date":"April 6, 2022","format":false,"excerpt":"The Reserve Bank of India has specified ten crore rupees as net owned fund (NOF) required for following categories of non- banking financial companies to commence or carry on the business of non-banking financial institution from October 01, 2022: (a) Non-banking financial company \u2013 Investment and Credit Company (NBFC-ICC); (b)\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/04\/MicrosoftTeams-image-147.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/04\/MicrosoftTeams-image-147.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/04\/MicrosoftTeams-image-147.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/04\/MicrosoftTeams-image-147.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/04\/MicrosoftTeams-image-147.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/267515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=267515"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/267515\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/265081"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=267515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=267515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=267515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}