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Airtel Launches India's First Payments Bank, Offers 7.25% On Savings Account
Airtel Payments Bank has rolled out a pilot of its services in Rajasthan The payment banks will cater to the needs of unorganised sector entities Airtel had received payments bank licence from RBI in April this year
24 Nov 2016, 07:53 AM IST 
Airtel Payments Bank is a subsidiary of Bharti Airtel.
New Delhi/Jaipur: Aimed at testing systems and processes ahead of a full-scale pan-India launch, Airtel Payments Bank has rolled out a pilot of its banking services in Rajasthan, a company statement said here on Wednesday.
Airtel Payments Bank is a subsidiary of Bharti Airtel. The bank will offer interest rate of 7.25 per cent per annum on deposits in savings accounts.
The company said customers in towns and villages across Rajas...
