Airtel Payments Bank to expand footprint in West Bengal

Airtel Payments Bank is now expanding its footprint in West Bengal on a very fast basis for requiring the banking services to unbanked villages in remote areas and to contribute to financial inclusion within the state.

The bank features a network of over 30,000 neighborhood banking points spread across West Bengal, and plans to expand its banking points within the state by 50% by March 2021, the corporate said on November 18, Wednesday.

The majority of the residents of those villages had no checking account or had to travel long distances to succeed in the closest bank branch, the officials said.

Over two million customers in these villages now have a bank account with the bank. Through these banking points, customers also can access a variety of monetary services like Aadhaar Enabled Payments, insurance, and government pension schemes.

“Airtel Payments Bank is committed to require formal banking services to the deep rural pockets of the country and work to create a strong doorstep banking infrastructure.

“We are getting to expand its footprint by 50% by March 2021. this may be the most important banking network within the state and an outsized number of those banking points will serve customers in unbanked and underbanked geographies,” Airtel Payment Bank CEO Ganesh Ananthanarayanan said.

 

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