Airtel Payments Bank

Airtel Payments Bank Limited
Company typeSubsidiary
IndustryFinancial services
Founded23 November 2016; 7 years ago (2016-11-23)[1]
HeadquartersNew Delhi, India
Area served
India
Key people
Anubrata Biswas (MD & CEO)[2]
Products
RevenueIncrease₹1,291 crore (US$150 million)(FY23)
Increase₹21.7 crore (US$2.6 million)(FY23)
ParentBharti Airtel
Websiteairtel.in/bank

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.[5]

  1. ^ "Kotak Bank to sell shares of Airtel Payments Bank to Bharti Enterprises". mint. 31 August 2021. Retrieved 22 October 2022.
  2. ^ "Airtel Payments Bank ropes in Anubrata Biswas as its chief executive". telecom.economictimes.indiatimes.com. Retrieved 25 May 2018.
  3. ^ "Airtel launches India's first payments bank with 250,000 banking points; to invest Rs 30 billion in creating ecosystem of 5 million merchants". Financial Express. 12 January 2017. Retrieved 4 December 2022.
  4. ^ Jain, Upasana (23 November 2016). "Airtel launches India's first payments bank". livemint.com.
  5. ^ "airtel: Airtel Payments Bank gets scheduled bank status from RBI - Times of India". The Times of India. PTI. Retrieved 5 January 2022.