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In 2015, eleven companies received In-principle approval from the Reserve Bank of India to set up Payments Bank under the guidelines for Licensing of Payments Bank. [6]On 11 April 2016, Airtel Payments Bank became the first company to receive the Payments Bank license from the Reserve Bank of India under Section 22 (1) of the Banking Regulation Act, 1949.
The statements of Chua Sock Koong, Group CEO of Singtel and also a shareholder (32.15%) of Bharti Airtel share similar statements about the Anti-Net Neutrality position. In December 2014, Airtel changed its service terms for 2G and 3G data packs so that VoIP data was excluded from the set amount of free data.
Paytm Payments Bank and Airtel Payments Bank together command over 88% of the deposits in payment banks in India in 2018. According to the Reserve Bank of India 's report on ‘Trend and progress of Banking in India 2017-2018', the payment banks reported losses in the financial year 2017-2018, after a weak performance in the FY 2016-17.
Airtel launched 4G services on mobile from February 2014. The first city to get the service was Bangalore. [24] [25] Airtel has started their 4G services in Karnal and Yamunanagar in Haryana on 16 June 2015. [26] Airtel 4G trials has been started in Delhi from 18 June 2015. [27] Airtel had 95,173,000 4G subscribers as of June 2019. [28]
Airtel Networks Limited (Airtel Nigeria), commonly known as Airtel, is a leading mobile network operator in Nigeria. According to the Subscribers statistics released by Nigerian Communications Commission (NCC) on 30 August 2019, Airtel Nigeria has 26.8% mobile telephone market share and 46.8 million subscribers.
Airtel Kenya Ltd., a subsidiary of Airtel Africa (owned by Bharti Airtel), is the second largest telecommunications services provider in Kenya after Safaricom PLC. [1] It has a customer base of over 21 million subscribers of the total 68.9 million subscribers in the Kenyan market equivalent to 30.4% market share.
A bank statement is an official summary of financial transactions occurring within a given period for each bank account held by a person or business with a financial institution. Such statements are prepared by the financial institution, are numbered and indicate the period covered by the statement, and may contain other relevant information ...
Airtel Tanzania was the result of partial privatization of TTCL on 23 February 2001. This was one of the first steps towards full liberalization of the market. In the aftermath, Celtel International , at that time MSI, which has its headquarters in Amsterdam , Netherlands , together with Detecon from Germany , obtained 35% shares from the ...