Airtel Payments Bank
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Airtel Payments Bank appoints ex-ICICI Bank executive Anubrata Biswas as MD and CEO
•Airtel Payments Bank on Thursday said that it has appointed former ICICI Bank senior executive Anubrata Biswas as its Managing Director and CEO
RBI slaps Rs 5 cr penalty on Airtel Payments Bank for violation of guidelines, KYC norms
•The fine was imposed after RBI scrutinised the Airtel Payment Bank's documents relating to opening of accounts without any specific or clear consent from the customers
Airtel Payments Bank head Shashi Arora quits amid eKYC licence suspension by UIDAI
•Shashi Arora was appointed MD and CEO of Airtel Payments Bank on 1 June, 2016
Airtel has been allowed to use Aadhaar-based eKYC till 10 January; payments bank eKYC licence to remain suspended: UIDAI
•The Aadhaar-issuing body Unique Identification Authority of India (UIDAI), however, maintained that Airtel Payments Bank eKYC licence will "remain suspended till final enquiry and audit report"
Airtel-LPG subsidy row: UIDAI says consumer nod must for changing money receiving bank account
•Aadhaar-based LPG subsidy totaling over Rs 190 crore had flown into 'unsolicited' accounts opened by Airtel Payments Bank
Bharti Airtel tells NPCI: Will return Rs 190 cr LPG subsidy to original bank accounts of customers
•Govt acted swiftly in LPG subsidy matter and UIDAI, in a stern move late last week, temporarily barred company from conducting Aadhaar-based SIM verification
HPCL asks Airtel Payments Bank to transfer LPG subsidy money to customers' bank accounts
•It has come to light that LPG subsidy monies of millions of customers have been crdited to Airtel Payments Bank accounts without their permission
LPG subsidy of Rs 168 cr sent to Airtel payments bank accounts
•The Unique Identification Authority of India (UIDAI), on Saturday, had temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers using eKYC process, as well as e-KYC of payments bank clients
UIDAI suspends eKYC licence of Bharti Airtel, Airtel Payments Bank over violation of Aadhaar Act
•In its strongest action yet, the UIDAI has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers using eKYC process as well as e-KYC of payments bank clients
Cashless economy: Govt hopes 1,800 crore digital payment transactions will take place in 2018 financial year
•The scale and value of digital payment transactions underscored how these new forms of payment had reached the masses, govt said