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      • As from April 2021, NPCI created a new subsidiary for Bharat Bill Payment System (BBPS) to increase growth especially in business to consumer segment for small businesses.
      en.wikipedia.org/wiki/National_Payments_Corporation_of_India

      National Payments Corporation of India - Wikipedia

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  4. www.npci.org.in › bharat-billpay-overviewBharat BillPay - one-stop ecosystem for all bill payments | NPCI

    National Payments Corporation of India (NPCI) has been authorized by RBI as the Bharat Bill Payment Central Unit (BBPCU) and is responsible for setting business standards, rules and procedures for technical and business requirements for all participants.

  5. www.npci.org.in › PDF › npciNPCI sets up its subsidiary firm NPCI Bharat BillPay Ltd

    Mumbai – April 1, 2021: National Payments Corporation of India (NPCI) has announced the formation of -its wholly-owned subsidiary firm NPCI Bharat BillPay Ltd. (NBBL). The new entity came into effect from April 1, 2021. The brand under the new entity - Bharat BillPay - offers various recurring payment services to customers, including bill ...

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  6. www.youtube.com › watchBharat Bill Payment System (BBPS): NPCI - To The Point | UPSC ...

    Launched as a subsidiary of the National Payment Corporation of India (NPCI) in the year 2021, Bharat Bill Pay has witnessed a threefold business growth in j...

    • 5 min
    • 34.3K
    • Drishti IAS

  7. economictimes.indiatimes.com › tech › technologyNPCI transfers automatic bill payments business to new subsidiary

    Apr 1, 2021 · The National Payments Corporation of India (NPCI) has transferred all its Bharat Bill Payment System (BBPS) transaction mandates to a new subsidiary called the NPCI Bharat BillPay Limited (NBBL), effectively hiving off its automated bill payment business.

    • Ashwin Manikandan

  8. en.wikipedia.org › wiki › Bharat_Bill_Payment_SystemBharat Bill Payment System - Wikipedia

    NPCI on 4 January 2022 launched Unified Presentment Management System (UPMS) for recurring payment. Customers can set up standing instructions for any mode of payment. The payment will be done automatically in terms of auto-debit and bill payment management.

  9. affairscloud.com › npci-set-up-a-subsidiary-firmNPCI set up a subsidiary firm – NPCI Bharat BillPay Ltd

    Apr 2, 2021 · On April 01, 2021, The National Payments Corporation of India (NPCI) formed its wholly-owned subsidiary firm called NPCI Bharat BillPay Limited (NBBL) to offer recurring payment services. NPCI transferred all its Bharat Bill Payment System (BBPS) transaction mandates to the newly formed subsidiary.

  10. legal.economictimes.indiatimes.com › newsBbps: RBI streamlines Bharat Bill Payment System, customers ...

    Mar 1, 2024 · 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 Bharat Bill Payment Operating Units (BBPOUs).