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:
Stadiums transcend their roles as mere sports venues; they embody iconic symbols of human achievement…
Hundreds of residents near Mount Ibu, an active volcano on Halmahera island in eastern Indonesia,…
India's strategic infrastructure development along its borders, particularly in regions like Ladakh and Arunachal Pradesh,…
In anticipation of increased demand in the automotive sector, Mahindra & Mahindra Ltd has unveiled…
In a recent briefing on the mid-year update of the World Economic Situation and Prospects…
In a significant development, senior Indian Police Service (IPS) officers A Y V Krishna and…