Airtel Payments Bank surpasses 1 billion transactions

Airtel Payments Bank has surpassed one billion transactions as of January 2025, marking a 47% increase from the previous year. This growth is attributed to the bank's digital banking services and the popularity of its 'Safe Second Account.' The bank's extensive digital presence and over 500,000 banking points across India have made its services accessible to many customers. Monthly active users now exceed 100 million, driven by various digital products like UPI payments and mobile recharges. In the third quarter of FY25, Airtel Payments Bank reported a net profit of Rs 18.5 crore and revenues over Rs 700 crore. The bank is also digitizing Rs 8,000 crore in cash transactions monthly through partnerships with more than 4,000 corporate clients.