Airtel Payments Bank to double business correspondent network to 1 million in a year


Airtel Payments Bank to double business correspondent network to 1 million in a year

Analysts expect the upcoming expansion to further widen APB’s total distribution reach, which is already twice that of the total ATMs and bank branches in the country, and in turn, consolidate its leadership in the remittances market.

As per the Prime Minister's Office, PM Modi will launch the initiatives at 11 am on Friday through video conferencing. "These initiatives are the RBI Retail Direct Scheme and the Reserve Bank - Integrated Ombudsman Scheme," PMO in a release said.


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