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As per media sources, the upcoming regulation mandating credit card bill payments through Bharat Bill Payment System (#BBPS) from July is expected to be delayed as key card issuers like #HDFC Bank (20 million cards) and #Axis Bank (14 million) haven’t activated BBPS. While #RBI directed all credit card payments to be routed through BBPS after 30 June 2024, only 8 out of 34 card issuers have complied, thereby seeking an extension of 90 days As per media sources, the upcoming regulation mandating credit card bill payments through Bharat Bill Payment System (#BBPS) from July is expected to be delayed as key card issuers like #HDFC Bank (20 million cards) and #Axis Bank (14 million) haven’t activated BBPS. While #RBI directed all credit card payments to be routed through BBPS after 30 June 2024, only 8 out of 34 card issuers have complied, thereby seeking an extension of 90 days
- Raj Gaurav Rai
- June 21, 2024
As per media sources, the upcoming regulation mandating credit card bill payments through Bharat Bill Payment System (#BBPS) from July is expected to be delayed […]

HDFC bank in Focus Finally HDFC bank completes stake sale in HDFC Credila for Rs 9553 cr Expect this amount to be included in this quarter’s results
- Raj Gaurav Rai
- March 20, 2024
HDFC bank in Focus Finally HDFC bank completes stake sale in HDFC Credila for Rs 9553 cr Expect this amount to be included in this […]
INTERNATIONAL MARKET TIP: FED policy rates due @ 11:30 PM (IST). We may expect volatility in the market
- Raj Gaurav Rai
- March 20, 2024
INTERNATIONAL MARKET TIP:FED policy rates due @ 11:30 PM (IST). We may expect volatility in the market Please follow and like us: