November 25, 2015 - India ITR

Issue Date of the Sovereign Gold Bonds, 2015-16 shifted from November 26, 2015 to November 30, 2015

Govt. SchemesBy Himanshi November 25, 2015

Large number of applications have been received by the banks and post offices for Sovereign Gold Bonds, 2015-16. To enable smooth uploading of applications into RBI’s E-kuber system, particularly by the post offices, it has since been decided to shift the issue date of the Sovereign Gold Bonds from November 26, 2015 to November 30,…

RBI grants ‘in-principle’ approval to NPCI to function as the central unit for Bharat Bill Payment Systems (BBPS)

RBI Notifications/ Circulars/ Press ReleaseBy Himanshi November 25, 2015

The Reserve Bank of India has today decided to grant ‘in principle’ approval to the National Payments Corporation of India (NPCI) to function as the Bharat Bill Payment Central Unit (BBPCU) in BBPS. The Bharat Bill Payment System (BBPS), an integrated bill payment system, will function as a tiered structure for operating the bill payment…