HighPositive
Announced Thu, 2 Jul · 08:53 IST
Bharti Airtel shares in focus as NBFC Airtel Money commences commercial operations after RBI nod
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Bharti Airtel's subsidiary Airtel Money has commenced commercial operations as a Type II non-deposit-taking NBFC after receiving an RBI Certificate of Registration dated February 13, 2026. The NBFC will be capitalised with Rs 20,000 crore over the next few years, with Bharti Airtel contributing 70 percent and promoter group Bharti Enterprises infusing the remaining 30 percent. Separately, Nomura named Bharti Airtel its top telecom pick with a target price of Rs 2,355 per share.