&w=3840&q=100)
Airtel Payments Bank Q4 net profit jumps 138% to ₹26 crore, revenue up 35%
Airtel Payments Bank reported a 138 per cent year-on-year increase in net profit to ₹26 crore for the quarter ended March 2025, driven by strong adoption of its 'Safe Second Account' and robust growth across urban transit, rural banking, and B2B segments.
Revenue for Q4FY25 stood at ₹726 crore, up 34.7 per cent from the corresponding quarter last year.
In a statement, the bank highlighted that the quarter saw a major boost in uptake of the Safe Second Account offering, with growth distributed across key segments including urban transit systems.
For the full financial year, revenue reached ₹2,709 crore, a 47.5 per cent increase year-on-year. Net profit for FY25 stood at ₹63 crore, up 81.4 per cent, while EBITDA rose 64 per cent to ₹299 crore.
Also Read
Customer account balances grew 30.6 per cent to ₹3,659 crore, while Gross Merchandise Value (GMV) processed through the platform stood at ₹3,808 billion. The bank said it is now the third-largest mobile banking provider in India by user base.
'The rapid adoption of our Safe Second Account offering reflects the growing need for a secure alternate bank account for digital payments. Today we are processing one in two domestic remittances and one in every five Aadhaar-enabled payments in the country,' said Anubrata Biswas, Managing Director and CEO of Airtel Payments Bank.
The bank continues to expand its rural presence, operating 500,000 active banking points, the majority of which are run by women banking correspondents in Tier-3 towns and rural areas.
Additionally, the bank reported rising traction for its RuPay NCMC On-The-Go card, now used by over 2.5 million customers. Its digital B2B payments vertical also saw strong growth, with partnerships across five major metro networks, including Delhi Metro Rail Corporation (DMRC).
Airtel Payments Bank now processes nearly 12 billion transactions annually, serving three out of every four Indian villages and digitising over ₹8,000 crore in cash each month through a network of over 6,200 corporate partners.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hindustan Times
10 minutes ago
- Hindustan Times
India slips to 131st position in Global Gender Gap Index 2025
New Delhi, India has ranked 131 out of 146 countries in the World Economic Forum's Global Gender Gap Report 2025, slipping two places from its position last year. With a parity score of just 64.1 per cent, India is among the lowest-ranked countries in South Asia, according to the report released on Thursday. India ranked 129 last year. The Global Gender Gap Index measures gender parity across four key dimensions: Economic Participation and Opportunity, Educational Attainment, Health and Survival, and Political Empowerment. The Indian economy's overall performance improved in absolute terms by 0.3 points. "One of the dimensions where India increases parity is in Economic Participation and Opportunity, where its score improves by .9 percentage points to 40.7 per cent. While most indicator values remain the same, parity in estimated earned income rises from 28.6 per cent to 29.9 per cent, positively impacting the subindex score," the report said. Scores in labour force participation rate remained the same as last year India's highest achieved to date. In educational attainment, the report said, India scored 97.1 per cent, reflecting positive shifts in female shares for literacy and tertiary education enrolment, which result in positive score improvements for the subindex as a whole. "India also records higher parity in health and survival, driven by improved scores in sex ratio at birth and in healthy life expectancy," it said. However, similar to other countries, parity in healthy life expectancy is obtained despite an overall reduction in the life expectancy of men and women, the report said. "Where India records a slight drop in parity since the last edition is in Political Empowerment. Female representation in Parliament falls from 14.7 per cent to 13.8 per cent in 2025, lowering the indicator score for the second year in a row below 2023 levels," it said. Similarly, the share of women in ministerial roles falls from 6.5 per cent to 5.6 per cent, moving the indicator score further away this year from its highest level , it said. With notable gains in political empowerment and economic participation, Bangladesh emerged as the best performer in South Asia, jumping 75 ranks to rank 24 globally. Nepal ranked 125, Sri Lanka 130, Bhutan 119, Maldives 138 and Pakistan 148. The report said the global gender gap has closed to 68.8 per cent, marking the strongest annual advancement since the COVID-19 pandemic. Yet full parity remains 123 years away at current rates, according to the report. Iceland leads the rankings for the 16th year running, followed by Finland, Norway, the United Kingdom and New Zealand. The 19th edition of the report, which covers 148 economies, revealed both encouraging momentum and persistent structural barriers facing women worldwide. The progress made in this edition was driven primarily by significant strides in political empowerment and economic participation while educational attainment and health and survival maintained near-parity levels above 95 per cent. However, despite women representing 41.2 per cent of the global workforce, a stark leadership gap persists with women holding only 28.8 per cent of top leadership positions, the report said. "At a time of heightened global economic uncertainty and a low growth outlook combined with technological and demographic change, advancing gender parity represents a key force for economic renewal," said Saadia Zahidi, Managing Director, World Economic Forum. "The evidence is clear. Economies that have made decisive progress towards parity are positioning themselves for stronger, more innovative and more resilient economic progress," Zahidi said.


India.com
17 minutes ago
- India.com
Big blow for Mukesh Ambani, star players from MI team will...
In these collection of pictures, we find out about the big blow suffered by Indian billionaire Mukesh Ambani and his MI team just after the IPL 2025 season. Mukesh Ambani is owner of MI New York franchise in Major League Cricket T20 League in the United States. MLC 2025 season begins on June 12. Image credit: X (Formerly Twitter) Afghanistan cricketers Rashid Khan, Azmatullah Omarzai will be unavailable for Mukesh Ambani's MI New York in MLC 2025. But Naveen-ul-Haq from Afghanistan has joined the MI New York team. Image credit: X (Formerly Twitter) Rashid Khan has been MI New York's best bowler in MLC, having claimed 10 wickets for the franchise so far. Image credit: X (Formerly Twitter) Rashid Khan has decided to take a break after the IPL 2025 season, according to a report in ESPNCricinfo website. Image credit: X (Formerly Twitter) Afghanistan all-rounder Azmatullah Omarzai was set to make debut for MI New York in MLC 2025. He plays for Mukesh Ambani's MI Cape Town team in SA 20. Omarzai has also decided to take a break from cricket. Azmatullah Omarzai was bought for Rs 2.4 crore by Preity Zinta's PBKS at the IPL 2025 mega auction last year. Omarzai claimed 8 wickets in 9 matches for IPL 2025 finalist. Rashid Khan was retained for Rs 18 crore by Gujarat Titans ahead of IPL 2025 mega auction. Rashid only claimed 9 wickets in 15 matches in IPL 2025.
&w=3840&q=100)

First Post
17 minutes ago
- First Post
India-US trade pact likely to miss 'Fall' deadline, New Delhi seeks clarity on Trump's policy
As Indian and the US trade representatives negotiate the initial trenches of a bilateral trade agreement. Here's the reason why both nations might miss the fall deadline in finalising a deal read more While India and the United States work towards finalising the initial aspects of a bilateral trade deal , reports are emerging that both nations will likely miss the fall deadline in finalising an agreement. Sources close to the matter told The Times of India that New Delhi is seeking clarity from the US President Donald Trump's administration on its trade policy. While the two nations are finalising an 'initial tranche' of the proposed trade deal before July 9, Washington, DC, is yet to give clarity on its trade policy beyond the Trump tariffs. 'A long-lasting agreement will require the US to move beyond a case-by-case approach, which can form the basis for a durable agreement,' the source told The Times of India. STORY CONTINUES BELOW THIS AD The source stated that New Delhi is seeking clarity on how the tariff cuts committed by the US Trade Representative will be implemented, since there is no clarity on whether the move would require approval from the US Congress. India is also monitoring the legal challenges to Trump's reciprocal tariffs, which have created 'uncertainties on how the duty cuts will be negotiated.' Three factors India will be looking at The two nations started discussing a bilateral trade agreement following the meeting between US President Donald Trump and Prime Minister Narendra Modi in February. Following the talks, it was announced that the two nations had agreed to negotiate a bilateral trade deal by the Fall before the US President decided to roll out reciprocal tariffs on April 2, which was suspended later. Meanwhile, it is pertinent to note that the American trade deals with the United Kingdom and China are also interim and are not final agreements . The source told TOI that New Delhi will be looking at the following three key factors while negotiating a deal with the Trump administration: New Delhi 'wants to secure the best possible deal for its businesses so that they can get market access in return for lower duties in India,' a source told TOI. The source argued that an agreement would give American companies access to a market of close to 1.5 billion people. The Indian government will also be looking at how tariffs are being reset for other countries to determine its next move forward. The government would seek protection in several segments, such as agriculture and segments like staples are fully on board. The source concluded that while the current negotiation is focusing on goods trade, India's interests in the service sector are not getting addressed at the moment.