Shabnam Sinha will be the new chairperson of Airtel Payments Bank. Shabnam Sinha will hold this post of the bank from October 1, 2026. She will replace non-executive chairman Sunil Bharti Mittal, who will step down from the board on September 30, 2026, after completing his 10-year tenure. The appointment of Shabnam Sinha as Chairperson for a three-year tenure has been approved by the bank’s board and the Reserve Bank of India (RBI). Who is Shabnam: Know her experience and role in the bank. Shabnam Sinha said – It is an honor to get the responsibility. Shabnam said that it is an honor for me to take up this responsibility in Airtel Payments Bank, at a time when digital financial services are becoming the backbone of India’s development journey. The bank has built a strong and trusted institution by combining technology with accessible banking, serving crores of people across the country. I am grateful for the confidence that Mittal and the Board have placed in me and look forward to furthering our growth journey. Sunil Mittal’s 10-year journey at Airtel Payments Bank Financial results of the bank: Profit increased by 73% to ₹ 109 crore in FY26 Airtel Payments Bank has performed brilliantly in FY26 ending March 2026… Knowledge Part: What is Payments Bank? Payments bank is a special type of bank approved by RBI. It can accept deposits and provide remittance services like ordinary banks, but it cannot issue loans or credit cards. Airtel Payments Bank was the first payments bank launched in India. Also read this news… LPG e-KYC deadline extended to 23rd August: Customers upset due to server and app being down; Long lines formed at gas agencies. The last date for getting e-KYC for gas cylinders has been extended from 16th to 23rd August. Despite this, this process has come to a standstill due to the servers of the oil companies being down. Due to mobile apps not working properly, people are still facing trouble to complete their verification. Read the full news…
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Shabnam Sinha will be the new chairperson of Airtel Payments Bank: Sunil Mittal will step down after 10 years, will step down from the company’s board on September 30.
