Page 3 - Airtel Payments Bank

Airtel group ties up with Mastercard to develop products for farmers, SMEs

The collaboration will bring together Mastercard's global and local experience in developing advanced financial solutions and Airtel Payments Bank's strong distribution network

Airtel Payments Bank raises Rs 225 cr via 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.

Airtel Payments Bank enables NEFT, users can make transfers at any time

The facility will be available to customers on 24x7 basis even on holidays, enabling them to receive or send funds to any bank from anywhere, anytime, Airtel Payments Bank said in a statement

Bharti Airtel, Bharti Enterprises infuse Rs 325 cr in payments bank

The fund infusion from Bharti Airtel stood at Rs 260 crore, and that from Bharti Enterprises at Rs 65 crore in the form of preference shares, according to the details of the filing

Airtel Payments Bank gets RBI nod to add new customers, can use e-KYC

The payments bank ran into a controversy after it allegedly opened savings accounts for existing customers without their express permissions

No new customers for Airtel Payments Bank since January; here's why

The directive from the apex bank came after it found that the company was violating operating guidelines and know your customer (KYC) norms

UIDAI excludes Airtel Payments Bank from using full e-KYC via Aadhaar

The bank regulator is yet to submit a report on the allegations that the payment bank routed government subsidy on LPG cylinders without explicit prior consent

Airtel Payments Bank appoints Anubrata Biswas as new MD & CEO

Prior to to joining Airtel Payments Bank, Anubrata was Joint General Manager and Retail Business Head - South India for ICICI Bank

RBI slaps Rs 50-mn fine on Airtel Payments Bank for violation of KYC norms

RBI issued a show cause notice to the bank on January 15 saying why penalty should not be imposed for non-compliance with guidelines

Airtel Payments Bank slashes interest rate by 175 bps to 5.5%

RBI's new guidelines for payments bank to get their customers' information verified by third parties, has also come as a blow

Airtel Payments Bank CEO steps down in wake of Aadhaar e-KYC misuse

The company is yet to name Arora's successor.

Hike partners with Airtel Payments Bank for mobile wallet push

Addition of Hike Wallets to Airtel Payments Bank's portfolio will position it as one of the largest digital payments platforms in India

Now, buy fuel with Airtel Payments Bank at 1,500 AP, Telangana HPCL pumps

All Airtel Payments Bank customers would also be able to access a range of convenient banking services at these fuel stations

Airtel Payments Bank rolls out UPI-enabled digital payments

Customers will be able to link their accounts on BHIM app to make payments through UPI

Airtel Payments Bank is taking cues from initial launch in Rajasthan

Airtel Payments Bank app is menu-driven and available in 12 languages

Airtel Payments Bank-Mastercard finds 2 mn users in 5 months

Online card can be accessed by all Airtel Payments Bank customers via My Airtel app, says Mastercard

Airtel Payments Bank to use HPCL's 14k fuel stations as banking points

Now, Airtel Payments Bank customers can use HPCL fuel stations to avail banking services

Airtel Payments Bank opens 150,000 savings accounts in Odisha

Airtel Payments Bank said it has opened more than 150,000 savings accounts in Odisha since its launch. Around a third of such accounts have been opened in the rural areas, contributing to the cause of financial inclusion in the state.Airtel Payments Bank, a fully digital and paperless bank, aims to take basic banking services to the doorstep of every Indian by leveraging Airtel's vast retail network. In Odisha, over 15,000 neighborhood Airtel retail stores also function as banking points, and customers can open savings accounts, deposit and withdraw cash across any of these banking points. Majority of these retail points are concentrated in the rural areas.Shashi Arora, managing director & chief executive officer of Airtel Payments Bank said, "Airtel Payments Bank has received overwhelming response from customers in Odisha. We believe, Airtel Payments Bank's differentiated banking model will play an important role in taking banking services to the last mile and benefit lakhs of ..

Airtel Payments Bank to sell insurance, MF products

APB had already opened 2.5 lakh banking points across the country

Airtel Payments Bank opens over 100,000 savings accounts in UP in 2 weeks

Official says, about 60% of these accounts have been opened in rural areas