Airtel Payments Bank

Thursday, Apr 18, 2024 | Last Update : 07:55 AM IST

Airtel Payments Bank ties up with Bharti AXA to offer insurance covering covid19

The validity period of these policies is restricted to one year and will be issued on individual name basis only

06 Apr 2020 3:23 PM

The operational payments banks showed net losses of Rs 516.5 crore for FY18, while ‘Paytm’ PB has declared a profit of Rs 19 crore in FY19. (Photo: ANI)

Payments banks fall by the way on tight regulatory requirements

According to Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India, the future is "uncertain" for payments banks.

23 Jul 2019 1:04 AM

The offering entails personal accident cover, protection against third-party liabilities and inspection-free renewal through a fast, paperless process. (Photo: AFP)

Airtel Payments Bank partners with Bharti AXA for two-wheeler insurance

Customers without an Airtel Payments Bank account can also avail this policy.

19 Apr 2019 2:32 PM

Airtel Payments Bank and Bharti AXA Life Insurance on Thursday announced a pact to offer Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), leveraging the payments bank's network in rural pockets.

Airtel Payments Bank, Bharti AXA ally for PM Jeevan Jyoti Bima Yojana

PMJJBY offers life insurance cover of Rs 2 lakh at a premium of Rs 330 per annum.

16 Aug 2018 3:24 PM

A payments bank is like any other bank, but operates on a smaller scale without involving any credit risk. (Photo: PTI)

Airtel Payments Bank gets RBI, UIDAI nod to resume taking new customers

The company had denied any wrong doing and streamlined its processes to comply with the regulations.

12 Jul 2018 12:49 PM

A notice dated January 15, 2018 was issued to the bank advising it to show cause as to why penalty should not be imposed for non-compliance with guidelines and directions issued by RBI. (Photo: AFP)

RBI imposes Rs 5 crore penalty on Airtel Payments Bank

RBI imposed penalty on Airtel Payments Bank for violating operating guidelines and KYC norms.

10 Mar 2018 10:54 AM

Hike users will have access to the banks vast product line including merchant and utility payments. (Photo: PTI)

Hike, Airtel Payments Bank tie-up for mobile wallet

Airtel Payments Bank gets access to over 100 million users on Hike and will begin powering Hike Wallet product.

22 Nov 2017 1:30 PM

Airtel Payments Bank on Monday said its customers can now make secure and convenient digital payments for fuel purchase at 1,500 HPCL fuel stations across Andhra Pradesh and Telangana.

Airtel Payments Bank customers can now make secure payments

These cashless payments can be made via smartphones (MyAirtel App) as well as feature phones.

16 Oct 2017 7:56 PM

Customers are not charged any transaction fee if they transfer money using UPI system or BHIM application.

Airtel Payments Bank starts UPI enabled digital payments

Airtel Payments Bank customers were charged in decimals for transferring money to any other account.

18 Sep 2017 9:31 AM

Paytm has launched India's second payments bank after Airtel.

Paytm Payments Bank: No minimum balance required

PPB may attract large number of customers who are part of India's traditional banking system.

23 May 2017 2:34 PM

Finance Minister Arun Jaitley. (Photo: Twitter/ANI)

Arun Jaitley to launch India’s first payments bank today

Airtel Payments Bank is a subsidiary of country's leading cellular operator Bharti Airtel.

12 Jan 2017 3:48 PM

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Syed Ata Hasnain

airtel payments bank