Bharat Bill Payment System â€“ Amendment to guidelines - RBI

Posted Date : 27-May-2022 , 10:35:55 am | Posted By CASANSAAR print

Listen to this Article

0:00

RBI/2022-2023/58
CO.DPSS.POLC.No. S-253/02-27-020/2022-23

May 26, 2022

The Chairman and Managing Director / Chief Executive Officer
NPCI Bharat BillPay Ltd. / Bharat Bill Payment System Providers /
Participants and prospective Bharat Bill Payment Operating Units

Madam / Dear Sir,

Bharat Bill Payment System – Amendment to guidelines

This has reference to the guidelines on Bharat Bill Payment System (BBPS) issued by the Reserve Bank of India (RBI) vide circular DPSS.CO.PD.No.940/02.27.020/2014-2015 dated November 28, 2014. As announced in the Statement on Development and Regulatory Policies dated April 08, 2022, the minimum net-worth requirement for non-bank Bharat Bill Payment Operating Units (BBPOUs) stands reduced to ₹25 crore. The BBPS guidelines have been suitably amended.

2. This circular is issued under Section 10 (2) read with Section 18 of the Payment and Settlement Systems Act, 2007 (Act 51 of 2007), and shall come into effect immediately.

Yours faithfully,

(P. Vasudevan)
Chief General Manager

Category : RBI | Comments : 0 | Hits : 588

Also Read - Strengthening of Grievance Redress Mechanism in Banks - Review

RBI/2025-26/207 CO.CEPD.PRS.No.S1121/13-01-008/2025-2026 February 11, 2026 All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam/ Dear Sir, Strengt...

Also Read - Voluntary Retention Route - Imparting predictability and increasing ease of doing business

RBI/2025-26/205 A.P. (DIR Series) Circular No. 21 February 06, 2026 To All Authorised Dealer Category-I banks Madam / Sir, Voluntary Retention Route – Imparting p...

Also Read - All Agency Banks to remain open for public on March 31, 2026 (Tuesday)

RBI/2025-26/204 DoR.CO.SOG(Leg) No.401/09.08.024/2025-26 February 03, 2026 All Agency Banks Madam / Dear Sir, All Agency Banks to remain open for public on...

Also Read - Reserve Bank of India (Rural Co-operative Banks - Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026

RBI/2025-26/203 DOR.RET.REC.400/12.01.001/2025-26 January 22, 2026 Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Di...

Also Read - Reserve Bank of India (Urban Co-operative Banks -Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026

RBI/2025-26/202 DOR.RET.REC.399/12.01.001/2025-26 January 22, 2026 Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions...