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Airtel Payments Bank s FY24 profit surges 60% to Rs 34 5 crore, ET Telecom

Airtel Payments Bank: The bank, a subsidiary of telecom major Bharti Airtel, said it witnessed significant momentum in savings account acquisitions in Q4FY24 and now onboards over a million new customers monthly.

Airtel Payments Bank Soars with 60% Profit Surge in FY24

Airtel Payments Bank reported a 60% year-on-year profit increase to Rs 34.5 crore in FY24, with revenue rising 42% to Rs 1,836 crore. The bank saw accelerated customer acquisitions, adding over a million new customers monthly. It achieved a 15% sequential growth in Q4FY24, reaching Rs 539 crore.

Airtel Payments Bank joins NPCI to launch NCMC-enabled debit, prepaid cards

Airtel Payments Bank on Thursday launched eco-friendly NCMC (national common mobility cards) enabled debit and prepaid cards in partnership with the National Payments Corporation of India (NPCI).These interoperable cards are powered by RuPay .

Airtel Payments Bank Joins NPCI To Launch NCMC-Enabled Debit, Prepaid Cards

Airtel Payments Bank Joins NPCI To Launch NCMC-Enabled Debit, Prepaid Cards
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Airtel Payments Bank Joins NPCI To Launch NCMC-enabled Debit, Prepaid Cards

Airtel Payments Bank Joins NPCI To Launch NCMC-enabled Debit, Prepaid Cards
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