StockWatch
·
Telecom - Cellular & Fixed line services
Subsidiary1 Jul 2026, 04:12 pm

Airtel Money Commences Operations as NBFC-ND

AI Summary

Bharti Airtel's subsidiary, Airtel Money Limited, has officially commenced its commercial operations as a Type II Non-Deposit accepting Non-Banking Financial Company (NBFC-ND ICC). This follows the issuance of a Certificate of Registration by the Reserve Bank of India (RBI) on February 13, 2026. The RBI has also provided a disclaimer stating that it does not guarantee the financial soundness or the repayment of liabilities by Airtel Money Limited. This development marks a significant step for Airtel's financial services arm.

Key Highlights

  • Airtel Money Limited has started commercial operations.
  • It is now a Type II Non-Deposit accepting NBFC.
  • RBI issued the Certificate of Registration on February 13, 2026.
  • RBI disclaimer on financial soundness and repayment is noted.