New Delhi: Bharti Airtel and Bharti Enterprises have injected about Rs 325 crore in Airtel Payments Bank, as per regulatory documents. The fund infusion from Bharti Airtel stood at Rs 260 crore, and that from Bharti Enterprises at Rs 65 crore in the form of preference shares, according to the details of the filing shared by market intelligence firm Tofler.
Meanwhile, Airtel Payments Bank announced it has partnered with Bharti AXA Life Insurance to offer the Bharti AXA Life POS Saral Jeevan Bima Yojana via its network of banking points across the country.
Bharti AXA Life POS (Point of Sale) Saral Jeevan Bima Yojana is a pure life term insurance plan aimed at the underinsured and uninsured segments in India, the company said.
