RBI Gives Scheduled Bank Status To Airtel Payments Bank
NDTV
Airtel Payments Bank is among the fastest-growing digital banks in the country, with a base of 115 million users
Airtel Payments Bank has announced that it has been granted the status of a scheduled bank by the Reserve Bank of India (RBI).
Having received the status of a scheduled bank, Airtel Payments Bank can now apply for government-issued requests for proposals (RFPs) and primary auctions.
In addition to this, it can also take up central and state government-level businesses and also participate in government-operated welfare schemes, the company said in a statement.
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