Tag: Airtel Payments Bank

Arun Jaitley launches Airtel Payments Bank; Commits investment of Rs 3,000 Cr

arun-jaitley-launches-airtel-payments-bank-commits-investment-of-rs-3000-crAirtel Payments Bank, India’s first payments bank was launched by union minister of finance and corporate affairs Arun Jaitley nationally, and is now live in all 29 States of India.

Also present on the occasion were Sunil Bharti Mittal, chairman, Bharti Enterprises; Uday Kotak, executive vice chairman & MD, Kotak Mahindra Bank; Gopal Vittal, MD & CEO (India & South Asia), Bharti Airtel; and Shashi Arora, MD & CEO, Airtel Payments Bank.

Airtel Payments Bank will commit an initial investment of Rs 3,000 crores to develop a pan India banking network and digital payments ecosystem for IT, manpower, marketing and distribution…Read More

 

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Airtel Payments Bank customers to get free talk time

airtel-payments-bank-customers-to-get-free-talk-timeAirtel Payments Bank today announced that customers will get free Airtel talktime for every rupee deposited.

Any customer opening a savings account with Airtel Payments Bank, will get one minute of talk time on his/her Airtel mobile for every Rupee deposited. For e.g. if a customer opens an account with a deposit of Rs 1,000 then he/she will get 1,000 minutes of free talk time on his/her Airtel mobile number. The talk time can be used for calling all over India and this benefit is applicable on first time deposits only.

Airtel Payments Bank has rolled out pilot services in Rajasthan with the objective of testing its systems and processes ahead of full scale pan-India launch. Customers in towns and villages across Rajasthan will now be able to open bank accounts at Airtel retail outlets, which will also act as Airtel banking points and offer a range of basic, convenient banking services. Airtel Payments Bank will commence the pilot with banking points at 10,000 Airtel retail outlets…Read More