Airtel Payments Bank revenue may jump to $1 billion by 2030
"Bharti has found a way to generate profit in Indian fintech, and we model Airtel Payments Bank rising to $1 billion of revenue by 2030," London-based telecoms research firm New Street said in a note, adding that APB's current worth (read: valuation) is estimated at around $3.5 billion.
Religare pays Rs 5.41 cr to Sebi to settle legacy issuesThe statement further said certain compliance requirements were overlooked/not complied with during the period between April 1, 2011 to March 31, 2018. It may be noted that during the aforesaid period, the control and management of the company rested with erstwhile promoters Malvinder Mohan Singh and Shivinder Mohan Singh and certain individuals who were accustomed to act on their instructions, it said.
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