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Why Airtel Payments Bank is happy to play second fiddle

Serving as a secondary account option to the already banked makes for a 100-million user opportunity, says CEO Anubrata Biswas.Several people typically opt for a second digital bank account for routine transactions to avoid exposing their primary accounts to potential UPI frauds

Airtel Payments Bank's FY24 profit surges 60% to Rs 34.5 Cr

The payment bank's monthly transacting users grew to 80.4 million, and its gross merchandise value reached Rs 2,550 billion.

Stocks To Watch: Paytm, Airtel, Tata Communications, Nykaa, Jubilant Foddworks

Stocks To Watch: Paytm, Airtel, Tata Communications, Nykaa, Jubilant Foddworks
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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.

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