Axis Bank Ltd.

Axis Bank has signed an agreement with BSES Rajdhani Power (BRPL) for setting up latter’s ATM machines at customer care centres across south and west Delhi. This agreement will assist BRPL to generate non-tariff revenue. Thus with this, soon, BRPL customers having Axis Bank accounts will be able to pay their electricity bills directly through the ATM.

The first ATM machine has already been inaugurated at the company's customer care centre at head office. Besides regular features, these ATM's will also be customized for BSES customers.

Since there are no substitute for cost reflective tariffs, to reduce the tariff pressure on its consumers to some extent, BRPL is exploring various non tariff sources of revenue generation. Setting-up of ATM's at its premises is one such option available to the company.