Bharti Airtel (“Airtel”), one of India’s top telecommunications service providers, recently informed exchanges that the company launched a fixed deposits marketplace under its digital arm, Airtel Finance. These fixed deposits provide an appealing interest rate of up to 9.1% per year.
In the exchange filing, the company shared, “The marketplace enables Airtel Finance to provide an assured return and fixed-income investment option on the digital platform that is built on top of Airtel’s Thanks App framework. It strengthens its portfolio offering of Personal Loans, Airtel Axis Bank Cobrand Credit Cards, Airtel Bajaj Finserv Insta EMI cards, Credit Cards marketplace and Gold Loan.”
In the meantime, as of 2:48 pm, Bharti Airtel shares were trading 0.24% higher at Rs 1,543.00 on the NSE.
