Airtel Payments Bank has no plan of becoming a small finance bank: MD Anubrata Biswas
Anubrata Biswas, the MD and CEO of Airtel Payments Bank said that Airtel Payments Bank has no plan of becoming a small finance bank.
Airtel Payments Bank
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Airtel Payments Bank gets scheduled bank license from RBI
The central banker announced the inclusion of Airtel Payments Bank under the second schedule of the RBI Act, 1934.
Airtel Payments Bank records 1 billion transactions in Q2 FY22: Report
The company has annualised revenues of over Rs 1,000 crore, the bank turned profitable in the September quarter.
Payments banks account can now hold maximum balance of Rs 2 lakh: RBI
Payments banks are similar to normal banks but do not offer full-fledged services of a normal bank.