BREAKING NEWS
IT sleuths threatening raided leaders to claim money belongs to me, Cong: DK Shivakumar
Parliament security breach: Court grants Delhi Police additional time to complete probe
Orange alert: Karnataka State Disaster Management cell issues animated advisory
PM Modi to begin 2-day whirlwind campaign in Karnataka from Apr 28
Lokayukta raids Ballari Urban Development Authority, uncovers corruption scandal
AAP Introduces Stirring Lok Sabha Campaign Anthem: ‘Jail Ke Jawab Mein Hum Vote Denge’
Lok Sabha elections 2024: EC takes cognisance of MCC violation by Modi, Rahul; seeks response by April 29
NCBC seeks clarification from Karnataka chief secretary on reservation policy for Muslims
2 Indian restaurants in Colorado duped investors of USD 380K: Officials
Bantwal: Ex-soldier dies after casting vote at home
Indian prodigy D Gukesh returns triumphant to cheering crowds in Chennai
WATCH: 5 runaway military horses cause mayhem in London
Can’t control elections or pass directions on basis of suspicion: SC tells EVM critics
I-T sleuths raiding Congress functionary’s house to defame me: D K Shivakumar
Not shying away from dealing with stray dogs issue but will not allow scope to be expanded, says SC
NRIs can pay utility bills using Bharat Bill Payment System
PTI, Sep 16, 2022, 10:00 AM IST
Non-Resident Indians can now use Bharat Bill Payment System to pay utility bills and education fees on behalf of their family members in India, according to a Reserve Bank of India circular.
The Bharat Bill Payment System (BBPS) is an interoperable platform for standardised bill payments. Over 20,000 billers are part of the system, and more than 8 crore transactions are processed on a monthly basis.
“…it has been decided to allow foreign inward remittances received under the Rupee Drawing Arrangement (RDA), to be transferred to the KYC compliant bank account of the biller (beneficiary) through Bharat Bill Payment System (BBPS),” the RBI said on Thursday.
An announcement in this regard was made by RBI Governor Shaktikanta Das last month.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Kotak Mahindra Bank shares tank 13%; mcap erodes by Rs 37,721 crore post RBI action
Four-day market rally makes investors richer by Rs 8.48 lakh crore
Kotak Bank barred from onboarding customers online, issuing fresh credit cards
Reverse migration has begun, says FM Nirmala Sitharaman
Markets sustain winning streak — Sensex jumps over 560 points, Nifty tops 22,300-level
MUST WATCH
Latest Additions
NIA arrests key accused in 2023 attack on Indian High Commission in London
Three persons run over by train in Bengaluru
Indian nationals aboard ‘MSC Aries’ in good health, return delayed due to technicalities: MEA
Husband has no control over wife’s ‘stridhan’: SC
IT sleuths threatening raided leaders to claim money belongs to me, Cong: DK Shivakumar