LPG subsidy

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

Airtel deposits 'interim penalty' of Rs 2.5 crore with UIDAI for opening payments bank account without subscribers' consent

The company is learnt to have given the assurance that it will return Rs 190 crore that had flown into the 'unsolicited' payments bank accounts of 31 lakh mobile subscribers over the next 24 hours.

published on : 19th 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