19.10 (0.98%) Bharti Airtel’s wholly owned subsidiary - Airtel Payments Bank, has commenced national operations with services now live in all 29 states of India. Arun Jaitley, Union Minster of Finance and Corporate Affairs formally launched Airtel Payments Bank’s national operations on January 12, 2017, marking a major milestone in the history of India’s financial services sector.
Airtel Payments Bank, a fully digital and paperless bank, aims to take basic banking services to the doorstep of every Indian by leveraging Airtel’s vast retail network.
Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.