Airtel Payments Bank

The bank turned profitable in the quarter ended 30 September 2021, with an annual revenue run rate of ₹1,000 crore.

[10] Airtel Payments Bank has 155 million users and serves them through its digital platform and a retail-based distribution network.

[15] In 2021, The Bank launched ‘Airtel Safe Pay’ that provides an additional layer of payment validation compared to the industry norm of two-factor authentication.

[19][20] In 2019, Airtel Payments Bank started offering Atal Pension Yojana (a Government of India initiative) through its platform.

[21] In May 2021, Airtel Payments Bank launched DigiGold, a digital platform for its customers to make investments in gold.

[27] It turned profitable in the quarter ended September 2021 and has achieved an annual revenue run rate of ₹1,000 crores.

[28] In December 2021, money deposited with Airtel Payments Bank surged 75 per cent to ₹1,000 crore as compared to 2020.