Airtel Payments Bank

Airtel MD urges users to shift to its Payments Bank amid cyber fraud surge

Airtel MD Gopal Vittal has advised users to shift routine digital payments to Airtel Payments Bank, noting that keeping all transactions linked to one main account increases fraud vulnerability

Airtel Payments Bank Q2FY26 results: Net profit rises to ₹11.8 crore

Airtel Payments Bank has posted a profit of Rs 11.8 crore for the second quarter ended September 30, 2025, marginally higher than a year ago, and said its quarterly revenue breached the Rs 800 crore mark for the first time. The Q2FY26 revenue of Rs 804 crore, up 19.4 per cent year-on-year, "marks strong growth momentum", it said in a release. The bank's profit for the quarter rose to Rs 11.8 crore against Rs 11.2 crore in the corresponding period of the previous fiscal. "For the first time, the bank's quarterly revenue breached the Rs 800 crore," according to a release. The annualised Gross Merchandise Value (GMV) reached Rs 4,56,000 crore, reflecting the growing adoption of the Bank's Safe Second Account, merchant propositions, and other product offerings, the release said, pointing out that it remains the third-largest mobile bank in India by user base. "Our consistent growth reflects the strength of our digital-first model and the deep trust our customers place in us," Anubrata

Airtel Payments Bank to list by September 2027, says CEO Anubrata Biswas

Airtel Payments Bank must go public by September 2027 after crossing ₹500 crore net worth; FY25 net profit rises 82.5 per cent to ₹63 crore

Airtel Payments Bank Q4 net profit jumps 138% to ₹26 crore, revenue up 35%

The payments bank posted revenue of ₹726 crore in Q4FY25, marking a 34.7 per cent increase compared to the same quarter last year

Airtel Payments Bank crosses one billion transaction mark in Jan 2025

Airtel Payments Bank has surpassed one billion transactions on its platform in January 2025, reflecting a 47 per cent year-on-year growth in transaction volume across businesses, according to a top official. Anubrata Biswas, MD and CEO at Airtel Payments Bank told PTI that the "milestone" underscores increasing adoption of digital banking and payment solutions. It also highlights the diverse business model that the bank has built over the years. The bank caters to three key customer segments, urban digital, underbanked, and industries and institutions. "The bank's extensive digital presence combined with its deep distribution of over 5,00,000 banking points across India has been instrumental in making its services accessible to millions of customers in both urban and rural areas. Today, the Bank's monthly transacting users exceed well above 100 million," Biswas said. Airtel Payments Bank's 'Safe Second Account', which offers an additional layer of payment verification, has been ...

Bharti Airtel transfers 69.94% stake in Airtel Payments bank to Airtel Ltd

Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday. "The shareholding of 69.94 per cent, held by Bharti Airtel Limited in Airtel Payments Bank Limited, is being transferred to the Company's wholly-owned subsidiary (i.e. Airtel Limited), post receiving requisite regulatory and corporate approvals. The above is an internal reorganisation of shareholding in the Bank and has no impact on the ownership of the Bank," Bharti Airtel said in the filing. According to the filing, the requisite regulatory and corporate approvals with regard to the transaction have been received by the company. Airtel Payments had a turnover of Rs 1,835.8 crore in 2023-24. "The transfer of shareholding falls within the purview of related party transactions and shall be done at arm's length," the filing said.

Airtel Payments Bank Q3 results: Net profit surges 70% to Rs 18.5 crore

Airtel Payments Bank on Wednesday reported 70 per cent increase in net profit at Rs 18.5 crore for December quarter 2024-25. It had cinched a record growth with quarterly revenue crossing Rs 700 crore, up by 49 per cent year-on-year, a release said. "The Bank's net profit stood at Rs 18.5 crore, up by 70 per cent YoY and EBITDA grew 66 per cent YoY to Rs 87 crore in Q3 FY25," it said. During the quarter, the payments bank's Monthly Transacting Users (MTU) exceeded 100 million, up by 62 per cent over the same period previous year. The annualised gross merchandise value (GMV) of about Rs 4,00,000 crore reflected the growing adoption of the payments bank's digital savings accounts, merchant propositions and other products, it said. Customer balances also saw a strong increase, crossing Rs 3,332 crore, up 42 per cent YoY. "This growth is fuelled by the strong adoption of Airtel Payments Bank's digital offerings, with more customers opting for its safe digital account for their daily

Airtel Payments Bank Q2FY25 results: Net profit rises 45% to Rs 11.2 cr

Airtel Payments Bank has posted a 45 per cent increase in net profit to Rs 11.2 crore for the second quarter ended September 2024, the company said on Wednesday. The company had registered a net profit of around Rs 7.72 crore a year ago. The bank said its quarterly revenue grew 58 per cent to Rs 674 crore during the reported quarter on a year-on-year basis. "These results underscore our position as a key player in the digital banking sector, where we have been the fifth largest mobile bank in India. The rising adoption of our digital solutions and security features has made us India's first choice for a safe second account. This growth validates the strength of the payments bank model," Airtel Payments Bank MD and CEO Anubrata Biswas said. Airtel Payments Bank's monthly transacting users (MTU) rose 76 per cent on a year-on-year basis to 102 million in the quarter under review. The annualised gross merchandise value (GMV) crossed USD 40 billion and customer balances increased by 43

Airtel Payments Bank Q1 results: PAT up 41% to Rs 7.2 cr on revenue rise

Airtel Payments Bank on Thursday said its net profit for the June quarter rose 41 per cent year-on-year to Rs 7.2 crore, amid uptick in digital savings bank accounts alongside other digital offerings. Announcing its consolidated report card for the first quarter ended on June 30, 2024, Airtel Payments Bank said it has hit a significant milestone and that, in a first, the bank's quarterly revenue grew to Rs 610 crore, up by 52 per cent on-year. The net profits stood at Rs 7.2 crore, up by 41 per cent year on year. "During the quarter, the Bank's Monthly Transacting Users (MTU) exceeded 88 million giving a boost to customer deposits, which grew by 53 per cent year-on-year to Rs 2,943 crore," it said. The Bank's annualised gross merchandise value stands at over Rs 3,400 billion (Rs 3,40,000 crore). "The growth in revenue and MTUs has been driven primarily by an uptake in the Bank's digital savings bank account along with other digital offerings. The Bank's eco-friendly NCMC (National

Airtel PB records 49% dip in wallet numbers despite Paytm PB's downturn

The company however has registered a steady increase in transaction volumes

Allowing payment banks to lend will have big impact: Anubrata Biswas

Anubrata Biswas, managing director and chief executive officer of Airtel Payments Bank, discusses the quarterly results and future prospects with Harsh Kumar

Airtel Payments Bank's FY24 profit surges 60% to Rs 34.5 cr, revenue up 42%

Airtel Payments Bank on Wednesday reported a 60 per cent year-on-year surge in its profit at Rs 34.5 crore in FY24. Revenue for the fiscal saw a 42 per cent increase to Rs 1,836 crore, according to a company statement. "As we witness sustained demand for our digital offerings and accelerate customer acquisitions, we remain steadfast in our mission to empower every Indian with safe, simple and rewarding digital banking services," Anubrata Biswas, MD and CEO of Airtel Payments Bank, said. Calling it the strongest quarter, the payments bank said it posted a 15 per cent sequential growth at Rs 539 crore in the March quarter. The bank, a subsidiary of telecom major Bharti Airtel, said it witnessed significant momentum in savings account acquisitions in Q4FY24 and now onboards over a million new customers monthly. Its monthly transacting users (MTU) grew to 80.4 million, and its gross merchandise value (GMV) reached Rs 2,550 billion. "Over the past four years, the bank has experienced

Fin inclusion, digital growth to drive momentum: Airtel Payments Bank CEO

Airtel Payments Bank CEO Anubrata Biswas is optimistic that the payments bank momentum in India will yield strong growth horizons and opportunities in the coming years, supported by financial inclusion imperatives and rapid pace of economic and digital growth. In an interview to PTI, Biswas said FY24 has been a "remarkable year" for Airtel Payments Bank, which has been growing in double digits across all key metrics such as users, revenue, and profits. "We are still closing the books (for the fiscal) but as we stand today, we are going to see high double-digit growth rates on revenue, profit and users continue," he said. Airtel Payments Bank has nearly 500,000 banking points spread across the country, today. It offers end-to-end digital banking solutions, along with a bouquet of digital financial services -- insurance, lending, and investment solutions. Airtel Payments Bank has three clear segments when it comes to serving customers across geographies -- the urban digital, the rur

Airtel Payments Bank's new NCMC-enabled debit, prepaid cards: How it works

Airtel Payments Bank is introducing new cards enabled with NCMC (National Common Mobility Cards) technology.

Tap-and-Pay: Noise launches watch in partnership with Airtel Payments Bank

Called the Airtel Payments Bank Smart Watch, the watch has NFC chip for contact less payments at Point of Sale terminals, retail outlets ,and more

Airtel Payments Bank sees surge in number of customer applications: CEO

The company said, given the trend, the bank would add one million on a monthly basis

Airtel Payments Bank Q2 results: Net profit rises to Rs 7.7 crore

Airtel Payments Bank on Thursday posted a multifold jump in net profit to Rs 7.7 crore in the September quarter mainly on account of uptick in saving accounts. The company, which is the only profitable payments bank, had posted a profit of Rs 3 crore in the year-ago period. The revenue of Airtel Payments Bank grew 39 per cent on a year-on-year basis to Rs 427 crore during the reported quarter. The bank's Monthly Transacting Users (MTUs) grew to Rs 5.8 crore, giving a boost to customer deposits, which grew 52 per cent year-on-year to Rs 2,060 crore, Airtel Payments Bank said in a statement. "The growth in revenue and MTUs is driven primarily by an uptick in the bank's savings bank accounts," the statement said. The bank's annualised gross merchandise value stands at over Rs 2,50,000 crore. "The success we have attained reaffirms the viability of the payments bank model, underscoring its pivotal role in addressing the digital and financial inclusion needs of India. We are well pois

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

Airtel Payments Bank, identity technology company IDEMIA and Nokia brand phone maker HMD Global have joined hands to bring Central Bank Digital Currency on feature phones in India, a joint statement said on Wednesday. All three organizations would be working together to introduce an advanced offline payment system over the next few months that would facilitate the use of the digital rupee on feature phones and promoting financial inclusion, the statement said. "Our partnership with IDEMIA and Nokia is a testament to our unwavering commitment to drive financial inclusion in the country. We are confident that once we move from the design phase and launch the solution commercially with all required approvals, it will play a pivotal role in advancing the accessibility of financial services," said Prasad Routray, Corporate Business and Alliances Head, Airtel Payments Bank. According to the industry estimate, there are about 25 crore features phone users in India. For the first time in t

Digital cash now available on feature phones, to expand financial inclusion

Nearly 300 million feature phone users will benefit

IDEMIA, Airtel, Nokia join hands for offline CBDC payment on feature phones

Under this collaboration, IDEMIA's technology will offer an offline layer to ensure instant and secure transactions without the need for online validation