Airtel payments bank

Airtel Payments Bank turns profitable in July amid business growth: CEO to staff

In a communication to the employees, Airtel Payments Bank Chief Executive Officer Anubrata Biswas has said over the last four years, the bank has grown rapidly, doubling every 18 months.

published on : 12th August 2021

Airtel Payments Bank hopeful of break-even in FY22; logs surge in business volumes amid pandemic

The pandemic and subsequent lockdown curbs fuelled uptake as both rural and urban customers sought banking solutions closer home, opting for convenient and secure digital payment options.

published on : 4th July 2021

6 per cent interest on deposits of over Rs 1 lakh: Airtel Payments Bank

Airtel Payments Bank on Monday announced that customers with savings account deposits of over Rs 1 lakh will get an increased interest rate of 6 per cent per annum.

published on : 4th May 2021

Airtel Payments Bank offers 6% per annum interest on deposits of over Rs 1 lakh 

The move follows Airtel Payments Bank becoming the first payments bank to implement an enhanced day-end savings limit of Rs 2 lakh, as per the Reserve Bank of India guidelines.

published on : 3rd May 2021

Airtel Payments Bank MD and CEO Shashi Arora quits after firm's Aadhaar e-KYC misuse

Airtel Payments Bank Managing Director and CEO Shashi Arora has resigned in the wake of the firm's eKYC licence suspension by Aadhaar-issuing body UIDAI.

published on : 22nd December 2017

UIDAI gives conditional nod to Airtel for resuming telecom eKYC verification till January 10

The Aadhaar-issuing body UIDAI today allowed Bharti Airtel to conduct eKYC verification for its telecom subscribers till January 10 with stiff riders but maintained its 'suspension' order.

published on : 21st December 2017

Airtel to NPCI: Will return Rs 190 crore LPG subsidy to original bank accounts of customers

Airtel allegedly opened accounts of its mobile phone subscribers without seeking their "informed consent", and LPG subsidy worth crores was being deposited to these accounts.

published on : 18th December 2017

Without user consent, LPG subsidy of Rs 168 crore sent to Airtel payments bank accounts

The official said that as of end of November, a total of Rs 167.77 crore of subsidy was transferred to accounts in Airtel Payment Bank.

published on : 18th December 2017