Airtel Payments Bank doubles day-end balance limit Details inside timesnownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesnownews.com Daily Mail and Mail on Sunday newspapers.
Airtel Payments Bank increases day-end balance limit to Rs 2 lakh
By IANS |
10 Views
SC stays Delhi HC order on Bharti Airtel claiming Rs 923 cr GST refund. Image Source: IANS News
New Delhi, April 18 : In line with the Reserve Bank of India s (RBI) guidelines, Airtel Payments Bank on Sunday announced that it has become the first payments bank in the country to enable Rs 2 lakh day-end balance account limit.
The bank has increased the day-end balance limit to Rs 2 lakh from Rs 1 lakh. The RBI s decision to increase the balance limit is an endorsement of the role Payments Banks have in furthering financial and digital inclusion in India. We are glad to enable this increased day-end balance limit for our customers, Anubrata Biswas, MD and CEO, Airtel Payments Bank, said in a statement.