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    Question

    What is the net worth required to obtain authorisation

    for a non-bank BBPOU (Bharat Bill Payment Operating Units) from RBI ?
    A 15 crore Correct Answer Incorrect Answer
    B 20 crore Correct Answer Incorrect Answer
    C 25 crore Correct Answer Incorrect Answer
    D 30 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI) has eased norms for non-bank entities to set up Bharat Bill Payment operating units by reducing the net-worth requirement to Rs 25 crore, with a view to encouraging more players in the segment. Earlier, a net worth of Rs 100 crore is required to obtain authorisation for a non-bank BBPOU (Bharat Bill Payment Operating Units).

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