Airtel Amplifies Its Financial Reach with Airtel Money Expansion
Bharti Airtel reveals ambitious plans for Airtel Money, its non-banking financial company, aiming to inject Rs 20,000 crore to bolster digital lending in India. Leveraging its strong technology and data assets, Airtel pledges to expand access to innovative, secure financial services, fostering financial inclusion for underserved demographics.
- Country:
- India
On Monday, Bharti Airtel unveiled significant plans for its non-banking financial company, Airtel Money, announcing an investment of Rs 20,000 crore over the forthcoming years. Airtel, along with Bharti Enterprises, will fund this endeavor, highlighting efforts to enhance the digital financial landscape in India.
After attaining an NBFC license from the Reserve Bank of India in February 2026, Airtel Money aims to harness its extensive digital infrastructure and data analytics capabilities to offer straightforward, secure, and inventive financial services nationwide. The initiative seeks to bridge the credit deficit in India, utilizing technology and customer trust bolstered by Airtel's advanced credit engine.
This strategic move aims to fortify Airtel's standing in the burgeoning financial services sector by promoting financial inclusion and leveraging its vast customer base for future growth. Airtel's expansion aligns with its mission to pave the way for innovative digital lending solutions, setting a benchmark in the industry.
(With inputs from agencies.)
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