SAIBALAJI INTERNATIONAL INSTITUTE OF MANAGEMENT SCIENCES

• Approved by AICTE, Ministry of HRD, Govt. of India.

• Permanently Affiliated to SavitriBai Phule Pune University

Name :- Gaurav Jeevanrao Rushi

Sub :- Financial Markets & Banking Operations
Spec :- Finance
Roll No :- 156
Topic :- Airtel Payments Bank
Introduction

• Airtel Payments Bank was launched in January 2017, by Bharti Airtel, India’s largest
telecom provider, to support the cashless revolution promised by the Government of India.

• Airtel Payments Bank is a differentiated bank that provides essential financial services to its
customers.
History

• Bharti Airtel launched Airtel Payments Bank in September 2016 and went
live with its pilot project in Rajasthan in November 2016.

• It was launched nationally in January 2017 to support the cashless revolution

promised by the Government of India.
Products & Services

 Safe Digital Account. Open Savings Account in minutes from the comfort of your
home!

 NETC FASTag. Buy or recharge your FASTag for hassle-free toll payments!

 Instant Bill Payments. Make fast & secure Bill Payments from anywhere, anytime!

 Eco-Friendly Debit Card.

Mergers and acquisitions

• Bharti Enterprises Founder and Chairman Sunil Mittal is in early talks to fold Airtel Payments
Bank into Paytm Payments Bank in a stock deal on 24 Feb 2023.

• In May 2006, it emerged that Airtel was exploring the possibility of buying the MTN Group, a
South Africa-based telecommunications company with operations in 21 countries in Africa and
the Middle East.
Investments

• The company has earmarked an investment amount of Rs 3,000 crore for the
initiative.

• Bharti Airtel will hold 80 per cent stake in Airtel Payments Bank, while the remaining
20 per cent will be owned by Kotak Mahindra Bank.
Listings and shareholding

• Bharti Airtel holds 80% stake in Airtel Payments Bank, while the remaining 20% is owned by Kotak
Mahindra Bank2.The authorized share capital of Airtel Payments Bank is ₹4,650.00 crore, and the
total paid-up capital is ₹2,374.27 crore3.
Corporate social responsibility
• Blueprint for Social Inclusion: In 2011, Airtel established its “Blueprint for Social Inclusion,” aiming
to empower and include millions of people through sustainable social and economic
development.

• Sustainability Plan 2020: In 2015, Airtel launched its “Sustainability Plan 2020,” which outlines
measurable goals aligned with business objectives. The plan focuses on customers, community,
partners, planet, and people.

• Three Dimensions of Sustainability:

1. Social: Airtel strives for social inclusion, empowering people everywhere.

2. Environmental: The company balances growth with environmental protection.

3. Economic: Airtel aims to increase its social impact.