
Sign up to save your podcasts
Or
Airtel Payments Bank (APB), an online banking subsidiary of Bharti Airtel, the second-largest telecom operator in the country, had a great performance in 2021. APB benefitted a lot from the Reserve Bank of India’s (RBI) decision of increasing the day-end savings limit to Rs 2 lakh last year. Earlier, the limit was Rs 1 lakh. As customers or users could save more money in their APB online savings account, the customer deposits went up to Rs 1,000 crore in 2021.
Airtel Payments Bank (APB), an online banking subsidiary of Bharti Airtel, the second-largest telecom operator in the country, had a great performance in 2021. APB benefitted a lot from the Reserve Bank of India’s (RBI) decision of increasing the day-end savings limit to Rs 2 lakh last year. Earlier, the limit was Rs 1 lakh. As customers or users could save more money in their APB online savings account, the customer deposits went up to Rs 1,000 crore in 2021.