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Airtel Payments Bank

Payments Bank and Digital Financial ServicesNew Delhi, India

Airtel Payments Bank is an Indian payments bank promoted by Bharti Airtel, offering savings accounts, digital payments, UPI, insurance distribution and cash deposit and withdrawal services through the Airtel Thanks app and a retail banking-point network. It began operations in November 2016 as one of eleven entities granted in-principle approval by the Reserve Bank of India to set up a payments bank. Kotak Mahindra Bank holds a minority stake.

1StartupFox story
2016Founded
Payments Bank and Digital Financial ServicesSector
Aug 2026Latest coverage

Leadership

SSShabnam SinhaChairperson designate
SBSunil Bharti MittalFormer Non-Executive Chairman

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Frequently Asked

What is Airtel Payments Bank?

Airtel Payments Bank is an Indian payments bank promoted by Bharti Airtel, offering savings accounts, digital payments, UPI, insurance distribution and cash deposit and withdrawal services through the Airtel Thanks app and a retail banking-point network. It began operations in November 2016 as one of eleven entities granted in-principle approval by the Reserve Bank of India to set up a payments bank. Kotak Mahindra Bank holds a minority stake.

Who founded Airtel Payments Bank?

Airtel Payments Bank's founders and leadership on record at StartupFox are Anubrata Biswas and Shabnam Sinha.

What is the latest news on Airtel Payments Bank?

The most recent StartupFox coverage is “Sunil Bharti Mittal to Step Down as Airtel Payments Bank Chairman, Shabnam Sinha to Succeed Him” (18 August 2026). All stories are listed on this page.

Sources & updates

This profile is compiled by the StartupFox desk from company announcements, regulatory and exchange filings (RoC/MCA, NSE/BSE) and our own reporting.

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