SC: Bribe Recovery Alone Cannot Prove Guilt without Proof of Demand under PC Act || SC: Cut Power, Water to Bulk Waste Generators Violating Solid Waste Rules || SC: RPF Employee Who Conceals Criminal Case Can be Discharged at Any Stage || SC: Police can Register FIR Despite Magistrate Rejecting S.156(3) CrPC Application || SC: Criminal Acquittal Alone Cannot Prove Absence of Negligence in Accident Claims || SC: Referral Fees Earned By Auto Dealers for Bank, Insurance Promotion Taxable as Service Tax || Supreme Court Revisits the definition of “Industry”: 9-Judge Bench Reformulates the 1978 Triple Test || Delhi HC: Exam Integrity is a Shared Duty of Candidates and Authorities || Delhi High Court: POCSO Allows Child Witness Cross-Examination but Bars Aggressive Questioning || Kerala HC: Christian Women May File Divorce Pleas Where They Reside

RBI invites Applications for authorising Bharat Bill Payment System Operating Units- (Reserve Bank of India) (20 Oct 2015)

MANU/RPRL/0165/2015

Banking

Reserve Bank of India has invited applications for authorization from entities engaged in bill payments and wishing to operate as a ‘Bharat Bill Payment System Operating Unit” under the ‘Bharat Bill Payment System’. Entities authorised under the new System will facilitate collection of repetitive payments for utility services like electricity and water. Those that are currently engaged in such collections are mandated to apply for authorization. Applications will be accepted till 20 November 2015.

Tags : REPETITIVE BILL PAYMENTS AUTHORISATION

Share :