Bharti Airtel: Airtel Money gets Type II NBFC registration from RBI - What does it mean?

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"...we wish to inform you that Airtel Money Limited, a subsidiary of the Company, has today received a Certificate of Registration ('Certificate') bearing Registration No. N-14.03676 dated February 13, 2026 as "Type II Non-Deposit accepting Non-Banking Financial Company ['Type II-NBFC-ND (ICC)']" from the Reserve Bank of India ('RBI') under section 45-IA of the RBI Act, 1934, to commence the business of non-banking financial institution without accepting public deposits subject to the conditions prescribed by the RBI in Certificate," said Bharti Airtel in an exchange filing on February 17.

What's new for Airtel Money?

The certificate allows Airtel Money to begin operations as a non-banking financial institution, permitting NBFC activities without accepting public deposits, subject to compliance with all conditions and regulatory requirements set by the RBI.

The NBFC registration marks a key milestone in Bharti Airtel’s financial services strategy, allowing Airtel Money Limited to broaden its offerings within a regulated framework. The Type II NBFC status enhances its ability to serve customers while strengthening Airtel’s presence in digital financial services alongside its core telecom business.

What is Airtel Money?

Airtel Money is Bharti Airtel’s mobile commerce service that enables customers to send and receive money across networks, make utility and merchant payments, recharge mobile phones and conduct basic banking transactions. It offers secure, fast and 24×7 access to digital financial services directly through mobile phones.

Bharti Airtel share price

Shares of Bharti Airtel closed at Rs 2,019.75 per share on Tuesday, February 17 -- which is 0.48 per cent below the previous close of Rs 2,029.40 apiece. During the day, the counter swung between Rs 2,037.90 and Rs 2,013.50 per share. The 52 week high for the company's share came in at Rs 2,174.70, which it hit on November 21, 2025; while 52 week low came on February 28, 2025 at Rs 1,561 per share.

Bharti Airtel is a constituent of BSE Sensex and enjoys a market capitalisation of Rs 11,51,682.72 crore.

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