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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 .
In April 2015, Airtel announced the "Airtel Zero" scheme. Under the scheme, app firms will sign a contract and Airtel will provide the apps for free to its customers. [115] The reports of Flipkart, an e-commerce firm, joining the "Airtel Zero" scheme drew negative response. People began to give the one-star rating to its app on Google Play.
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]
Unified Payments Interface (UPI) is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.
In 2019, Airtel was recognized as Uganda’s biggest taxpayer for compliance in remitting taxes to Uganda Revenue Authority. Airtel Uganda paid taxes worth UGX136 billion (approx. US$38 million), in the financial year 2018/19 winning the Excel Award.
Yaary, a startup with its headquarters in Hyderabad, developed the app. More than 20,000 auto and taxi drivers in Hyderabad have already been on boarded by the firm, and it is working with many other driver associations in other cities to introduce comparable mobility apps. [157] In Chennai, Namma Yatri made its debut on 29 January 2024. [158]
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BSNL logo used until October 2024. Bharat Sanchar Nigam Limited is an Indian government enterprise and its history can be traced back to British India.The foundation of the telecommunications network in India was laid by the British sometime during the 19th century.