In February 2024, the Reserve Bank of India (RBI) revised the regulatory framework for Bharat Bill Payment Systems (BBPS) based on a review of developments in the payments landscape. The revised directions, called RBI (BBPS) Directions, 2024, will be applicable from ____________.
1
1st April 2024
2
1st May 2024
3
1st June 2024
4
1st July 2024
5
1st August 2024