The management will now be looking to scale up its loan book, which will entail a consolidation in the wholesale book and strong growth in retail. Even the retail mix will improve, which may translate into a decline in borrowing costs and an upgrade in its credit rating, said Motilal Oswal.
Bharti Airtel transfers 69.94% stake in Airtel Payments bank to Airtel Ltd
Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday.