SC: Electricity Dues over 2 Years Recoverable only if Shown Continuously as Outstanding || Allahabad HC Criticises UP Govt for Using Goondas Act as a ‘Tool of Oppression’ || Gujarat HC: Complaint Made in Good Faith does not Amount to Defamation || Allahabad HC: Bar Association Membership Disputes Are Private, Outside Writ Jurisdiction || P&H HC: Section 147A Income Tax Act Unconstitutional; Legislature Can’t Override Court Findings || Karnataka HC: Refusing to Return Child’s Volleyball, Asking for Parent Not Abetment of Suicide || Can an IBC Resolution Plan Survive the Death of its Proponent? NCLAT Answers || Supreme Court: Rape Conviction Possible Without S.376 Charge if POCSO Case Fails on Age Proof || SC: Mere Long Possession Can't Establish Adverse Possession; Hostile Intent is Required || Supreme Court Finds Gaps in FSSAI’s Proposed Warning Labels for Foods High in Fat, Sugar and Salt

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 :