iPhone | iPad
Android
Huawei
The substantial increase in charges left many residents financially burdened, as they strive to retrieve their stranded vehicles
KT APPDOWNLOAD
India: NRIs can now directly pay electricity, water bills for families back home
RBI Governor says move will mostly benefit senior citizens whose children live abroad
A recent move will help NRIs directly pay for utility bills in India.
According to the Times of India, the Reserve Bank of India has allowed Non-Resident Indians to undertake bill payments for their families back home using the Bharat Bill Payment System or BBPS.
"To facilitate Non-Resident Indians (NRIs) undertake utility, education and other bill payments on behalf of their families in India, it is proposed to enable BBPS to accept cross-border inward payments. This will also benefit payment of bills of any biller onboarded on the BBPS platform in an interoperable manner", said the RBI's Statement on Developmental and Regulatory Policies.
ALSO READ:
RBI Governor Shaktikanta Das noted that the move would mostly benefit senior citizens in India whose children are NRIs.
Bharat Bill Payment System (BBPS), owned and run by NPCI Bharat BillPay Ltd (NBBL), currently has about 20,000 billers on its system. It offers an interoperable platform for standardised bill payments, and currently processes over 80 million transactions monthly.
More news from
While parents acknowledge the importance of safety as a result of inclement weather, they also expressed disquiet about extended holidays
World number one Swiatek extended her run at the tournament to 10-0 as she brushed aside Briton Raducanu
The incident happened shortly after jury selection for the hush-money trial was completed
MS Dhoni's cameo in vain as five-time champions dealt thrid loss but hold on to third place in the standings
Roads and Transport Authority has been working round the clock to carry out maintenance work
Through this collaboration, Partisia Blockchain Foundation is set to discover and support the next generation of Web3 innovators
Jassim Mohammed Al Budaiwi reiterated the GCC's firm position supporting Palestinian people's right to self-determination and establishment of an independent state
