Tag Archives: Airtel Payments Bank

Airtel Payments Bank rolls out pilot services in Karnataka

Airtel Payments Bank rolls out pilot services in Karnataka Over 12,000 neighborhood Airtel retail outlets in towns and villages across Karnataka will also act as banking points and offer convenient banking services to customers Interest rate of 7.25% p.a. on savings account deposits; Personal Accidental Insurance of Rs. 1 Lac with every Savings Account Customers to… Read More »

Airtel Payments Bank commences operations

Airtel Payments Bank Limited commences operations Date : Nov 23, 2016 Airtel Payments Bank Limited has commenced its operations as a payments bank with effect from November 23, 2016. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of… Read More »