Bharat Bill Payment System

Bharat Bill Payment System : Complete Notes | Banking Awareness

Origin : The term Bharat Bill Payment System originated in 2013 when the Committee under the chairmanship of RBI Executive Director G. Padmanabhan was set up to study the feasibility of implementation of Giro (payment transfer from one bank account to another bank account) in India. Bill payments form a major component of India’s retail transactions […]