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RBI Streamlines Bharat Bill Payment System, Customers Get More Protection

RBI Streamlines Bharat Bill Payment System, Customers Get More Protection
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RBI streamlines Bharat Bill Payment System, customers get more protection

The RBI has put in a revised regulatory framework - Bharat Bill Payment Systems Directions, 2024, which will be applicable to NPCI Bharat Bill Pay Limited (NBBL - a wholly owned subsidiary of National Payments Corporation of India); and all .

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RBI streamlines Bharat Bill Payment System norms, customer protection in focus

The Reserve Bank of India (RBI) on Thursday issued the revised regulatory framework of the Bharat Bill Payment directions to streamline the bill payments process, enable greater participation, and enhance customer protection

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RBI Revises Bill Payment Rules: Key Changes, Effective Date, All You Need To Know

The newly launched rule will come into effect from April 1, 2024. Read on to find out what it is, what it means, and more.

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