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| Name | RBI Governor On Expanding The Scope Of Bharat Bill Payment System (BBPS) |
| Video Uploader | Video From Business Today |
| Upload Date | This Video Uploaded At 07-12-2022 14:00:08 |
| Video Discription | #RBI #shaktikantadas #rbipolicy #bharatbill #bpps #rbigovernor The BBPS has been steadily expanding since its launch in 2017. At present, it handles recurring bill payments for merchants and utilities and does not cater to nonrecurring bills. It also does not cater to bill payments or collections such as payment of fees for professional services, education fees, tax payments, rent collections, etc. for individuals even if those are recurring in nature. Therefore, the scope of BBPS is being enhanced to include all categories of payments and collections, both recurring and non-recurring, and for all categories of billers (businesses and individuals). This will make the BBPS platform accessible to a wider set of individuals and businesses who can benefit from the transparent payments experience, faster access to funds, and improved efficiency, Says RBI Governor Shaktikanta Das ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in Facebook: https://www.facebook.com/BusinessToday twitter: https://twitter.com/business_today Instagram: https://www.instagram.com/business_today/ |
| Category | News & Politics |
| Tags | business news | Business Today | share market live | bse | nse | stock exchange | stock market | business update | business today live | business today india | rbi governor | rbi policy | shaktikanta das | bharat pill payment system | bpps | bharat pill | rate hike | repo rate | us fed | indian market | inflation |
