Airtel Payments Bank's losses rise over 11% in FY18: Report
Airtel's banking arm Airtel Payments Bank has reportedly recorded an 11.68% increase in losses to â¹272 crore in FY18 as compared to â¹244 crore in the preceding fiscal. The bank's revenue rose nearly 69% to over â¹160 crore for the financial year 2018. The Sunil Bharti Mittal-led company's expenditure increased to â¹433 crore during the fiscal. 