Airtel Payments Bank has been categorised as a scheduled bank by the Reserve Bank of India (RBI) in the second schedule of the Reserve Bank of India Act, 1934. With this, Airtel Payments Bank can now pitch for the government. Airtel Payments Bank is among the fastest-growing digital banks in the country, with a base of 115 million users. It offers a suite of digital solutions through the Airtel Thanks app and a retail network of over 500,000 neighbourhood banking points. The bank turned profitable in the quarter ended September 2021.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Important takeaways for all competitive exams:
Water is the most important drink in the world because every living being needs it…
When we think about continents, we usually imagine green forests, tall trees and rich plant…
Defense sector of the India has achieved the historic milestone as the defense exports reached…
The Delhi state government has introduced the 'Lakhpati Bitiya Yojana'. This new is scheme aimed…
Ashwini Bhide has been appointed as the first woman Municipal Commissioner of the Brihanmumbai Municipal…
Lok Sabha passed the resolution and Amaravati has been declared sole capital of Andhra Pradesh.…