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Airtel Payments Bank News

Airtel Payments Bank

26 Apr 2022

Airtel Payments Bank launches FD facility in partnership with IndusInd Bank

No penalty on FD withdrawal before maturity. Book deposit in one minute. Book multiple FDs for a fixed duration of either 1, 2 or 3 years.

Airtel Payments Bank

05 Jan 2022

Airtel Payments Bank gets scheduled bank status from RBI

The bank turned profitable in the quarter ended September 2021.

Airtel Payments Bank

04 May 2021

Airtel Payments Bank announces 6% interest on deposits over Rs 1 lakh

Increased interest rate on savings account. New rates for deposits of over Rs 1 lakh. Upto Rs 1 lakh @2.5% p.a. interest rate.

Airtel Payments Bank

19 Apr 2021

Airtel Payments Bank increases day-end balance limit to Rs 2 lakh from Rs 1L

Payments bank deposit limit hiked. Increase from Rs 1 lakh to Rs 2 lakh. Maximum end-of-day balance hiked.

Airtel Payments Bank

15 Jun 2020

Airtel Payments Bank launches Suraksha Salary Account for MSMEs

An account holder under the offer gets free of charge group accidental cover of Rs 1 lakh.

Airtel Payments Bank

26 Dec 2019

Airtel Payments Bank customers to enjoy 24x7 NEFT facility

Airtel Payments Bank on Thursday said it has enabled 24x7 NEFT transfers in line with the Reserve Bank of India`s (RBI) guidelines.

Airtel Payments Bank

19 Apr 2019

Airtel Payments Bank partners with Bharti AXA General Insurance

In a statement, Airtel Payments Bank said the product is available on MyAirtel App and at over 40,000 Airtel Payments Bank points across India during the first phase of launch.

Airtel Payments Bank

24 May 2018

Airtel Payments Bank appoints ex-ICICI executive A Biswas as MD, CEO

Prior to joining Airtel Payments Bank, Biswas was the joint general manager and retail business head - South India, for ICICI Bank and was responsible for managing the retail banking business across over 550 branches of the bank.

Hindustan Petroleum

18 Dec 2017

HPCL asks Airtel to transfer LPG subsidies to bank accounts

The move comes after LPG subsidies of millions of customers have been credited to the Airtel Payments Bank accounts without their permission.

22 Nov 2017

Hike, Airtel Payments Bank tie-up for mobile wallet

Hike users will have access to the bank's vast product line including merchant and utility payments.

Aadhaar SIM verfication

21 Sep 2017

UIDAI lens on Airtel over opening payments bank a/c using eKYC

In November 2016, Airtel Payments Bank had rolled out banking services in Rajasthan, becoming the first payments bank to go live in the country.

Airtel Payments Bank

17 Sep 2017

Airtel Payments Bank launches UPI enabled digital payments

Airtel Payments Bank on Sunday said it has become the first payments bank in India to integrate the Unified Payments Interface (UPI) on its digital platform.

India Post Payments Bank

14 Sep 2017

All 1.55 lakh post offices to offer payments bank service

Payments banks can accept deposits of up to Rs 1 lakh per account from individuals and small businesses.

01 Aug 2017

Airtel Payments Bank, HPCL tieup for digital payments

All 14,000 HPCL fuel stations will act as banking points for Airtel Payments Bank, an official statement said.

08 May 2017

Airtel partners Ola for joint digital offerings

Telecom giant Bharti Airtel has partnered cab aggregator Ola to offer a range of digital services to customers.

Airtel Payments Bank

23 Feb 2017

Airtel Payments Bank to sell insurance, MF products

Airtel Payments Bank (APB) is planning to sell third party financial products to boost its revenue from other income category, an official said.

28 Jan 2017

India Post receives payments bank licence from RBI to start services

In the latest, Reserve Bank of India has issued payment bank license to India Post to start with banking operations commercially under the permit.

Airtel Payments Bank

13 Jan 2017

Airtel launched first payment bank of India

Airtel Payments Bank

12 Jan 2017

Airtel Payments Bank launches nationwide operations

Finance Minister Arun on Thursday launched the Airtel Payments Bank. Airtel Payments Bank launched its nationwide operations with an initial investment of Rs 3,000 crore and offering an interest rate of 7.25 per cent for savings accounts.

Airtel Payments Bank

12 Jan 2017

Airtel Payments Bank: All you need to know

Know the key facts about the Airtel Payments Bank.

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