Airtel Payments Bank

Airtel Payments Bank | The Q2FY26 revenue of Rs 804 crore, up 19.4 percent year-on-year, marks strong growth momentum.

Airtel Payments Bank appoints Anuj Bansal as CFO

Bansal will be a part of the Bank’s Executive Committee and will be working with Anubrata Biswas, MD and CEO of Airtel Payments Bank.

Paytm Payments Bank’s exit from Fastags may be a windfall for rivals

Authorised Banks are getting lots of customers because of the Paytm Fastag issue, and are expecting to add more when users exhaust their balances.

We have a 5 to 7 times spike in applications for online payments bank accounts since Jan 31: Anubrata Biswas, CEO Airtel Payments Bank

Payment banks can do much more in India, by leveraging the large user base and reach, particularly with the increase in the number of users from Tier 2 and 3 cities, says Biswas.

Airtel Payments Bank, IDEMIA, HMD team up to enable use of digital rupee on feature phones

All three organizations would be working together to introduce an advanced offline payment system over the next few months

Top official pitches for rule relaxations for payment banks

'Our argument has been that we are able to transform and impact far more lives if we are allowed to micro lend,' says the official

Airtel Payments Bank, Frontier Markets, Mastercard partner to support women-owned small businesses

The 'She Leads Bharat:Udyam' initiative will enable these businesses based in Rajasthan and Uttar Pradesh to upskill and earn via Frontier Markets' Meri-Saheli platform.

Airtel Payments Bank has no plan to become small finance bank: MD Biswas

Anubrata Biswas said the payments bank plans to eventually list, but added that it would be difficult to predict the timeframe.

Airtel Payments Bank partners NPCI to roll out face authentication for AePS

Airtel Payments Bank is among the first four banks to offer face authentication for AePS (Aadhaar-enabled Payment System).

Bharti Enterprises' Sunil Mittal seeks a stake in Paytm: Report

Mittal seeks to fold Airtel Payments Bank into Paytm Payments Bank in a stocks deal and is also seeking to buy Paytm shares from other holders, sources told Bloomberg.

Delhi Metro smart cards can now be topped up through Airtel Payments Bank platform

The transaction will be safe and card or net banking details will be saved only once by the app. Recharge will be fast and convenient, Delhi Metro Rail Corporation has said

Bharti Airtel plans to list Airtel Payments Bank: Report

Launched in January 2017, Airtel Payments Bank currently has around 50 million users on the platform and about Rs 20,000 crore in gross merchandise value. Airtel owns 70% in the unit, with the balance held by Bharti Enterprises.

Storyboard18  | Airtel Payments Bank ropes in Shilpi Kapoor as chief marketing officer

Shilpi Kapoor will lead all marketing and corporate communications.

ICICI Lombard, Airtel Payments Bank partner to offer smartphone insurance

The mobile phone insurance market is poised for growth, expected to reach about $76.1 billion by 2030, with the Asia-Pacific region manifesting the fastest CAGR in this sector, per a report by Allied Market Research.

ICICI Lombard offers cyber insurance to Airtel Payments Bank customers

ICICI Lombard's cyber insurance solution provides financial protection to customers against potential financial fraud relating to banking, credit or debit card; identity theft; phishing or email spoofing and more.

Airtel Payments Bank customers' deposit surges 75% to Rs 1,000 crore in 2021

Airtel Payments Bank MD and CEO Anubrata Biswas told PTI that the company added close to 35 lakh customers during the year and crossed the 10-crore customer mark in 2021.

Kotak Mahindra Bank to sell 20 crore shares of Airtel Payments Bank to Bharti Enterprises for Rs 294 crore

A share purchase agreement has been executed by the bank for divestment of 20,00,00,000 equity shares (8.57 percent stake) held by Kotak Mahindra Bank Ltd in APBL.

Airtel Payments Bank launches ‘Pay to Contacts’ facility for UPI-based transactions

‘Pay to contacts’ displays the valid UPI ID associated with the selected contact, irrespective of the UPI app used by the receiver. This eliminates the need to enter the UPI id or bank account details to process the payment and saves time.

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

Factors like growth in revenues, expanded scale of operations, and higher realisation per user from cross selling of products are expected to drive break-even in the current financial year.

COVID-19: Airtel Payments Bank ties up with Bharti AXA General Insurance for health insurance plans

Under the tie-up, the companies are offering two health insurance plans -- Bharti AXA Group Health Assure which offers lump sum benefit of Rs 25,000 and Group Hospital Cash which provides daily benefit starting Rs 500 per day -- to provide protection against COVID-19.

Airtel Payments Bank raises Rs 225cr from Bharti Airtel, Bharti Enterprises

While Bharti Airtel has infused Rs 180.22 crore into Airtel Payments Bank, Bharti Enterprises has injected Rs 44.77 crore.

LPG Subsidy fiasco: Airtel Payments Bank gets RBI, UIDAI nod to resume taking new customers

The company had denied any wrong doing and streamlined its processes to comply with the regulations.

Airtel Payments Bank reduces interest rates by 175 bps to 5.5%

This cut in interest rate could be a way of keeping rates competitive.

Over Rs 47 crore LPG subsidy deposited in Airtel payments bank's accounts

Over Rs 47 crore LPG subsidy was deposited in more than 23 lakh customer's Airtel bank accounts opened without their consents since June 9, according to NPCI.

Airtel Payments Bank customers can now make secure payments for fuel purchase

According to statement issued by the bank, the announcement was made during the inauguration of HPCL fuel station as banking point in the Manikonda HPCL fuel station here.