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RBI has decided to lower the net worth requirement of operating units to ₹25 crore from the current limit set at ₹100 crore. Non-banking companies now need Rs. 25 crore minimum net worth to set up Bharat Bill Payment Operating Units (BBPOU), the Reserve Bank of India (RBI) informed on May 26. The minimum net-worth criterion for non-bank firms has been lowered from the earlier minimum net worth requirement of Rs. 100 crore.
Consider the following statements with reference to Banking Ombudsman Scheme:
I. The scheme will provide red...
What does the Ministry of Tourism aim to achieve by participating in the Arabian Travel Mart 2024 in Dubai?
Global Entrepreneurship Monitor has come up with the Global Entrepreneurship Monitor 2021/2022 Report. India has been ranked __________ globally.
What is the significance of the heritage train flagged off by Prime Minister Narendra Modi in Gujarat?
Which country is home to the world’s first commercial-scale e-methanol plant?
Who has been re-elected as the President of the country Germany?
Which of the following is another name for 'white ant'?
What was the theme of Exercise SURYA KIRAN between India and Nepal?
Who among the following became first private bank to tie up with IRCTC for co-branded credit card?
In December 2021, which fashion brand named Leena Nair, an executive from Unilever, as its new global CEO?
