Monday, May 3, 2021

Airtel Payments Bank offers 6% per annum interest on deposits of over one lakh rupees

Announcing the higher interest rate on savings account deposits of over Rs 1 lakh, Anubrata Biswas, CEO of Airtel Payments Bank, said, "RBI's increased savings deposit ceiling is a major milestone for payments banks as this was a key ask from customers".

source https://economictimes.indiatimes.com/industry/banking/finance/airtel-payments-bank-offers-6-per-annum-interest-on-deposits-of-over-one-lakh-rupees/articleshow/82370310.cms

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