Supreme Court: Breach of Contract is Not Cheating Unless Fraud Existed From the Outset || Supreme Court: Specific Performance of an Agreement to Sell May be Denied After a Long Delay || Supreme Court: Section 498A IPC Applies to Live-In Relationships in Nature of Marriage || Supreme Court Awards Rs.83.38 Lakh to Child Left Paralysed, Stressing Impact on the Victim’s Future || J&K and Ladakh High Court: Private Trust Cannot Oppose Wakf Takeover Without Legal Authority || P&H HC: Courts Cannot Grant Protection to a Minor’s Live-In Relationship Prohibited By Law || Chhattisgarh High Court: NEET OMR Tampering Allegations Cannot Rest on Mere Suspicion || Allahabad High Court Upholds Conviction, Says a Reliable Dying Declaration Alone Can Sustain Guilt || Bombay HC Criticises ITAT for Delays in Pronouncing Orders Beyond 90-Day Limit || P&H High Court Criticises Punjab For Spending on Freebies and Ads While Delaying Employee Dues

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 :