{"id":16442,"date":"2018-07-13T00:12:16","date_gmt":"2018-07-13T00:12:16","guid":{"rendered":"http:\/\/151.106.38.4\/2018\/07\/13\/airtel-payments-bank-gets-rbi-nod\/"},"modified":"2018-07-13T00:12:16","modified_gmt":"2018-07-13T00:12:16","slug":"airtel-payments-bank-gets-rbi-nod","status":"publish","type":"post","link":"https:\/\/nagalandpost.net\/index.php\/2018\/07\/13\/airtel-payments-bank-gets-rbi-nod\/","title":{"rendered":"Airtel Payments  Bank gets RBI nod"},"content":{"rendered":"<p><img src=\/old_site\/><\/p>\n<div><span style=\"font-size: 13.3333px;\">After running into rough weather due to Aadhaar-related e-KYC issues, Airtel Payments Bank on Thursday said it has received requisite approvals from the Reserve Bank of India and UIDAI to start acquiring new customers.<\/span><\/div>\n<div><span style=\"font-size: 13.3333px;\">\u201cAirtel Payments Bank has received requisite approvals from The Reserve Bank of India to start on-boarding new customers. Airtel Payments Bank has also been permitted by the UIDAI to resume the on-boarding of customers using Aaadhaar based e-KYC. We thank the authorities for the approvals,\u201d a company spokesperson said in a statement. \u201cWe remain committed to the government\u2019s vision of financial inclusion and banking for all,\u201d he added.<\/span><\/div>\n<div><span style=\"font-size: 13.3333px;\">In an interview to IANS last week, Gopal Vittal, MD and CEO (India and South Asia), Bharti Airtel said: \u201cThe bank had started off very well, but we got into regulatory issues. We are working very closely with authorities (RBI and UIDAI) and hopefully this will be back to business soon and start acquiring customers. Right now have 30 million customers in the bank and the wallet. Operation is continuing for existing customers, but we are not acquiring new customers.\u201d&nbsp;<\/span><\/div>\n<div><span style=\"font-size: 13.3333px;\">Airtel Payments Bank on May 24, 2018 announced the appointment of Anubrata Biswas as its Managing Director and Chief Executive Officer.<\/span><\/div>\n<div><span style=\"font-size: 13.3333px;\">The appointment comes five months after former CEO and MD Shashi Arora stepped down in December. The RBI on March 9 slapped a penalty of Rs 5 crore on Airtel Payments Bank Limited for violating KYC norms, an official statement said here.<\/span><\/div>\n<div><span style=\"font-size: 13.3333px;\">\u201cThe Reserve Bank of India has imposed, on March 7, 2018, a monetary penalty of Rs 50 million on Airtel Payments Bank Limited for contravening the \u2018Operating Guidelines for Payments Banks\u2019 and directions issued by RBI on Know Your Customer (KYC) norms,\u201d the RBI statement had said.<\/span><\/div>\n<div><span style=\"font-size: 13.3333px;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-size: 13.3333px;\"><br \/>\n<\/span><\/div>\n<div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>After running into rough weather due to Aadhaar-related e-KYC issues, Airtel Payments Bank on Thursday said it has received requisite approvals from the Reserve Bank of India and UIDAI to start acquiring new customers. \u201cAirtel Payments Bank has received requisite approvals from The Reserve Bank of India to start on-boarding new customers. Airtel Payments Bank [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-16442","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/16442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=16442"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/16442\/revisions"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=16442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=16442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=16442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}