Thu, Nov 09, 2023
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.
Wed, Sep 28, 2022
Airtel Payments Bank has started rolling out 1.5 lakh micro ATMS in a phased manner across tier 2 cities and semi-urban regions to facilitate cash withdrawal for its customers, the company said on Wednesday.
Tue, Apr 26, 2022
Customers can dissolve an FD before the maturity date through the Airtel Thanks app, and no penalty or processing fee will be charged on premature withdrawals, IndusInd Bank noted.
Thu, Apr 21, 2022
Brokerage company CLSA has given a buy opinion on Bharti Airtel and has given a target of Rs 915 to investors for buying here. Investors can get returns of up to 23 percent by investing money here. In the opinion of the brokerage company, money can be invested in this stock and strong profits can be made.
Sat, Mar 05, 2022
The concept of Payments Banks was introduced by the RBI in 2015. The idea behind this concept was to give banking license to fintech companies and provide banking services to the underserved population of India. Here is all you need to know about a Payments Bank.
Sun, Dec 26, 2021
This represents about 61 per cent year-on-year growth in transaction volume per quarter, underlining the bank's digital-first model and distribution of over 5,00,000 banking points that give it the ability to scale up rapidly
Tue, Aug 31, 2021
Kotak Mahindra Bank will sell 20 crore shares in Airtel Payments Bank Ltd amounting to 8.57 per cent stake to Bharti Enterprises for around Rs 294 crore.
Thu, Jan 21, 2021
It's a good news for you if you use Airtel Payments Bank!
Wed, Jan 20, 2021
Online payment fraud: To protect Airtel customers from the growing incidents of online payment fraud, Airtel Payments Bank today launched ‘Airtel Safe Pay’ – India’s safest mode for making digital payments.
Mon, Apr 06, 2020
To offer health insurance plans to provide cover and give financial protection against COVID-19 pandemic, Airtel Payments Bank has joined hands with Bharti AXA General Insurance.
Thu, Nov 21, 2019
Airtel Payments Bank is offering a special benefit of Rs 50 cashback on FASTag purchase made via the app. This cashback is additional on NHAI's 2.5 per cent cashback offer.
Tue, Sep 17, 2019
Customers will be also eligible for cashback - if they decide to receive government subsidies in their Bharosa Account or if they make cash deposits in it, said the company, adding that the Bharosa has been designed on the basis of extensive market research.
Fri, Mar 09, 2018
Violation of KYC norms: The Reserve Bank has imposed a penalty of Rs 5 crore on Airtel Payments Bank for violating operating guidelines and Know Your Customer (KYC) norms. The fine was imposed after RBI scrutinised the bank's documents relating to opening of accounts without any specific or clear
Fri, Jan 05, 2018
Heating up the war for subscribers in the telecom space, Airtel and Vodafone have released cashback offers on bundled handsets.
Fri, Dec 22, 2017
Arora, who has been working with the telecom firm in senior leadership roles since 2006, was appointed MD and CEO of Airtel Payments Bank on June 1, 2016.
Wed, Dec 20, 2017
Airtel has deposited an interim penalty of Rs 2.5 crore with the Aadhaar-issuing body UIDAI after an action against the telecom operator for allegedly opening payments bank accounts of its mobile subscribers without their 'informed consent', according to sources.
Tue, Dec 19, 2017
Aadhaar linked e-KYC issue spells more trouble for the telecom giant as customers have allegedly received LPG subsidies into their Airtel Payments bank account.
Mon, Dec 18, 2017
Shares of Bharti Airtel tumbled on Monday after the Unique Identification Authority of India (UIDAI) ordered a temporary suspension of the telecom giant’s Aadhaar linked e-KYC services.
Airtel’s shares opened 2.75% or 14.25 points down at Rs 504.70 per share.
Sun, Dec 17, 2017
The Unique Identification Authority of India (UIDAI) has temporarily suspended telecom major Bharti Airtel and Airtel Payments Bank`s "Aadhaar linked e-KYC" services for alleged misuse of the facility.
Fri, Dec 01, 2017
Airtel has said that re-verification for mobile phones and the opening of Airtel Payment Bank Accounts are separate transactions and not linked.
Wed, Nov 22, 2017
Airtel Payments Bank will now get access to over 10 crore Hike users who will then be able to use its payments banking facilities.
Tue, May 23, 2017
Paytm Payments bank launched today will have zero balance accounts with no minimum charge. The accounts will offer 4% interest rates on deposits. Zeebiz tells you how it works.
Paytm Payments Bank that will begin operations today will offer 4% interests on deposits. All deposits will be held in government bonds however the company said it was equipped to offer loans as well unlike other payments banks.
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