Airtel Money Secures NBFC Permit, Shares in Emphasis
Bharti Airtel’s supply is under examination following its subsidiary, Airtel Money, getting a critical Non-Banking Financial Firm (NBFC) license from the Reserve Bank of India (RBI). The announcement, made after market close on Tuesday, is expected to affect trading on Wednesday.
- Trick Advantage: The permit allows Airtel Cash to run as a monetary entity, providing loaning solutions without approving public deposits.
- RBI Disclaimer: The RBI clarified it does not ensure the firm’s monetary security or the accuracy of its statements.
- Market Efficiency: Bharti Airtel shares closed down 0. 38 % on Tuesday.








