Airtel claims its payments bank arm is unicorn

Speaking to TOI, CEO Anubrata Biswas said that a key driver of profitability was the ability to onboard many customers at a relatively low cost compared to the banking industry. The payments bank has also built a large fee income pipeline from B2B (business-to-business) services, fees on transactions, customer subscriptions and interest spread. The unicorn claim was made by the bank's management in a call with analysts

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