MoneyWorks4Me

Airtel Payments Bank eying to grow government business: Report

21 Apr 2017 Evaluate

Airtel Payments Bank offered by telecom major Bharti Airtel, after handling payments for Bescom (a power supply company in Karnataka), is reportedly planning to grow its government business. In this regard, the company has approached the State government to take up BWSSB, BBMP and other government digital payments made by consumers.

The payments bank, following its launch in December last year, has made rapid strides in areas where bank branches or ATMs are not present. The company is also targeting its 23 million Airtel mobile users.

 

Peers
Company Name CMP
Bharti Airtel 1817.00
Vodafone Idea 14.26
Indus Towers 381.50
Tata Communications 1693.20
Railtel Corp. India 263.70
View more..