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Airtel Payments Bank is an Indian payments bank with its headquarters in New Delhi. [3] The company is a subsidiary of Bharti Airtel . [ 4 ] On 5 January 2022, it was granted the scheduled bank status by the Reserve Bank of India under the second schedule of RBI Act, 1934 .
Paytm Payments Bank and Airtel Payments Bank together command over 88% of the deposits in payment banks in India in 2018. According to the Reserve Bank of India's report on ‘Trend and progress of Banking in India 2017-2018', the payment banks reported losses in the financial year 2017-2018, after a weak performance in the FY 2016-17. [14]
Bank name Established Headquarters Branches Revenues Refs Airtel Payments Bank: 2017: New Delhi, Delhi ₹ 627 crore (US$72 million) [71] [72] India Post Payments Bank: 2018: New Delhi, Delhi: 650 Branches ₹ 55 crore (US$6.4 million) [73] Jio Payments Bank: 2018: Mumbai, Maharashtra ₹ 13 crore (US$1.5 million) [74] Fino Payments Bank: 2017 ...
Airtel Payments Bank From a page move : This is a redirect from a page that has been moved (renamed). This page was kept as a redirect to avoid breaking links, both internal and external, that may have been made to the old page name.
The Unique Identification Authority of India (UIDAI) suspended Bharti Airtel and Airtel Payments Bank Limited's licence for eKYC of Aadhaar on 16 December 2017, following complaints from customers that their accounts were being opened without their consent. Some even received their LPG subsidies in their Airtel Payments Bank accounts. [124]
Airtel Payments Bank; AU Small Finance Bank; B. Bandhan Bank; C. Capital Small Finance Bank; City Union Bank; CreditAccess Grameen; ... Contact Wikipedia; Code of ...
Paytm Payments Bank (PPBL) was an Indian payments bank, founded in 2017 and headquartered in Noida. [2] In the same year, it received the license to run a payments bank from the Reserve Bank of India and was launched in November 2017. [3] [4] [5] In 2021, the bank received a scheduled bank status from the RBI. [6] [7]
Bharti Telecom (BTL), is a holding company of Bharti Airtel with Bharti Enterprises and SingTel owning 50.56 percent and 49.44 percent, respectively, in BTL, which in turn owns 35.80 percent of Bharti Airtel. [7] Bharti Airtel is the third largest mobile operator in the world, in subscriber base, and has a presence across 18 countries. [8]