On April 08, 2022, the Reserve Bank of India has announced in the Statement on Development and Regulatory Policies regarding reduction of minimum net-worth requirement for non-bank Bharat Bill Payment Operating Units (BBPOUs) to ₹25 crore.
The minimum net-worth criterion for non-bank firms has been lowered from the earlier minimum net worth requirement of ₹100 crore. The BBPS guidelines have been accordingly amended.
