₹20,000 crores into the sector. This came soon after collateral-free loans worth ₹3 lakh crore for MSMEs was announced by the finance minister as part of the Atmanirbhar Bharat Abhiyan economic package.Airtel Payments Bank's salary account enables businesses to disburse salaries in a seamlessly convenient manner and also maintain records digitally for future references and tax processes.
The product will be available only to new bank customers for now. It will be soon made available to existing customers who wish to operate their salary accounts with Airtel Payments Bank.“Our research reflected how lack of protection makes the workforce susceptible to financial setbacks, particularly in case of illness.