Circular on Rupee drawing arrangement-enabling Bharat Bill Payment System (BBPS) to process cross-border inbound bill payments (dated-15.09.2022)-RBI.

• 16th, September 2022
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Circular on Rupee drawing arrangement-enabling Bharat Bill Payment System (BBPS) to process cross-border inbound bill payments (dated-15.09.2022)-RBI.

• The directions contained in this circular have been issued under Section 10(4) and Section11 (1) of the Foreign Exchange Management Act, 1999(42 of 1999) and are without prejudice to permissions/approvals, if any, required under any other law, refer attachment for further details.