Airtel Payments Bank Posts Robust Growth In FY26; Revenue At ₹3,207 Crore

* Net profit grew to ₹109 crores; customer balances grow 26% YoY to ₹4,612 crore ~

Airtel Payments Bank today announced its results for the financial year ended on March 31, 2026. For the full year, revenue stood at ₹3,207 crore, registering a growth of 18.4% year-on-year. Net profit came in at ₹109 crore, with profit margins improving to 3.4%, reflecting the structural maturity and operating leverage of the business.

Customer balances rose 26% year-on-year to ₹4,612 crore, while annualised Gross Merchandise Value (GMV) reached ₹4,542 billion. The Bank continued to see strong customer momentum with savings bank account monthly transacting users (SBA MTU) growing to 28.8 million. Airtel Payments Bank remains the third-largest mobile bank in India by user base, reflecting the scale and stickiness of its digital-first, tech-led model.

Anubrata Biswas, MD and CEO, Airtel Payments Bank, said, "Our strong performance this year reflects continued customer trust and the resilience of our business model. The strong adoption of our Safe Second Account underlines the growing need for a secure, seamless digital banking solution. Our differentiated model, combining a mobile-first platform with a large distribution network, enables us to serve customers across segments effectively. As we scale further, our focus remains on building a digital bank that meaningfully addresses the evolving financial needs of India."

The Bank continues to see strong traction for its Safe Second Account, particularly in urban markets, making it the digital bank of choice. Customers are increasingly using it for daily digital transactions and recurring payments. This has driven higher engagement, with the Bank emerging as the second-largest player in UPI Autopay mandates.

The Bank’s transit business continues to scale rapidly, with over 6 million National Common Mobility Cards (NCMC) issued, making it the second-largest issuer in the segment. Processing two out of every three transit payments across supported networks, the Bank plays a critical role in enabling frictionless, cashless mobility at scale.

In rural India, Airtel Payments Bank’s uniquely differentiated model, combining deep physical reach with a robust digital platform, positions it strongly to serve underserved communities. The Bank processes one in four AePS transactions and one in every two remittances. With over 500,000 active banking points, the Bank continues to bridge access gaps by serving three in four villages and processing approximately 1% of India’s Direct Benefit Transfers.

Airtel Payments Bank is seeing strong momentum in omnichannel B2B digital payments, partnering with leading aggregators and processing transactions worth USD 16 billion. It is also enabling small offline merchants to join the digital economy through an integrated offering of current accounts, QR, and soundbox solutions, supporting seamless, real-time payments and efficient settlements.

Airtel Payments Bank continues to play a key role in driving digital banking and financial inclusion by enabling seamless, secure, and accessible banking services across the country.

About Airtel Payments Bank

Airtel Payments Bank offers a diverse range of safe, simple, and rewarding digital banking solutions through its robust digital platforms and extensive network of over 5 lakh active banking points spread across the country. As one of the fastest growing digital banks in the country, it has built a strong and inclusive digital payments system that empowers millions of customers. Airtel Payments Bank is focused on contributing to the Government’s vision of Digital India and Financial Inclusion by taking digital banking services to the doorstep of every Indian.

For more details visit - https://www.airtelpayments.bank.in/

CapitaLand Launches Second Edition Of Community Resilience Initiative With New Funding Of Upto S$4 Million

* To Support Vulnerable Children And Youth In Asia

* The 2026 edition broadens investment focus across capacity building, cross-sector partnerships and outcome-based funding in four markets

CapitaLand Hope Foundation (CHF) has announced the second edition of CapitaLand Community Resilience Initiative (CCRI) with a new funding of up to S$4 million. The funding platform will support 12 grantee organisations across China, India, Singapore and Vietnam to empower children and youth. CHF’s commitment in this edition includes an initial mobilisation of S$3.5 million and a new Outcomes Achievement Fund that grantees can unlock upon successful delivery of defined results.

The announcement was made at Philanthropy Asia Summit 2026 (PAS 2026), where CHF held a panel discussion themed “From Commitment to Impact: Catalysing Community Resilience Through Investing in Children and Youth”. The session discussed how collaborative and outcome-driven philanthropy can deliver long-term impact for vulnerable children and youth.

A platform built for sustained impact

The inaugural CCRI last year, which awarded S$3.4 million to 12 grantees, focused on identifying and funding high-potential non-profit organisations. CCRI takes a broader ecosystem approach in 2026. It strengthens capacity building for non-profits, provides greater access to partner networks and prioritises delivery of outcomes.

Mr Gauri Shankar Nagabhushanam, Director, CHF (India), and CEO, CapitaLand India Trust: “At CHF India, we see first-hand how access to education, skills and emotional support can shape stronger futures for children and youth. Through the second edition of CCRI, we are strengthening our commitment to support organisations that are creating meaningful and measurable impact at the grassroots level. India’s young population represents immense potential, and by working alongside credible partners and non-profits, we hope to help build resilient communities that are better equipped to navigate social and economic challenges.”

CCRI deepened collaborations with two partners this year:

AVPN, one of Asia’s largest social investment networks, strengthens the grantee selection process by bringing a wide pool of quality applicants, due diligence, outcome monitoring, cross-regional learning and capacity building.

Philanthropy Asia Alliance (PAA), part of the Temasek Trust ecosystem, identifies CCRI grantees with proven results and taps on its network to further scale high-impact solutions.

Patsian Low, Chief of Markets & Deputy CEO, AVPN said: “AVPN is proud to continue as the global knowledge partner for the second edition of CCRI. What makes this initiative distinctive is its willingness to invest in the capacity of non-profits, partner connections and collective intelligence that enable organisations to grow their good work. This is the kind of coordinated and strategic philanthropy that Asia needs.”

Applications for CCRI 2026 are open from 19 May to 22 June 2026. Organisations are invited to submit proposals across three impact areas to support children and youth, amidst escalating climate risk and socio-economic challenges:

Education

Skills development

Mental well-being

Visit www.capitaland.com/CCRI2026 for more information on the submission criteria and application.

Grantees will be announced in November 2026, with projects to be implemented from January 2027 to December 2028.

For more information on CCRI 2026, please refer to Annex A.

Voices from the field: cross-regional perspectives on community resilience

At the PAS 2026 session, practitioners from across Asia gathered to discuss the journey from philanthropic intent to sustained community impact. Panellists shared how their organisations navigate systemic barriers, build partnerships, and deliver results for vulnerable children and youth.

For more information on the panellists and their respective quotes, please refer to Annex B.

About CapitaLand Group (www.capitaland.com)

CapitaLand Group (CapitaLand) is one of Asia’s largest diversified real estate groups. Headquartered in Singapore, CapitaLand’s portfolio focuses on real asset management and real estate development, spanning across 277 cities in 45 countries.

Within its ecosystem, CapitaLand has developed an integrated suite of real asset management, real estate development, and operating capabilities that supports its businesses in building core competencies across the value chain. With this full range of capabilities, CapitaLand can optimise the strategies of its listed real asset management business CapitaLand Investment, and its privately held property development arm CapitaLand Development; to drive competitive advantage for its businesses.

CapitaLand places sustainability at the core of what it does. As a responsible real estate company, CapitaLand contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.

About CapitaLand Hope Foundation (www.capitalandhopefoundation.com)

CapitaLand Hope Foundation, the philanthropic arm of CapitaLand Group, was established in 2005. The Foundation contributes towards building resilience in communities where CapitaLand operates, through supporting education, health and well-being initiatives, targeting children, youth and seniors. Going beyond donations, the Foundation also advocates volunteerism as an integral part of building a caring and inclusive community.

Tata AIA Life Insurance Declares Its Highest-Ever Bonus Of ₹2,173 Crore For Participating Policyholders In FY26

* Record payout, up 18% year-on-year, to benefit over 8.74 lakh policies

Tata AIA Life Insurance, one of India’s leading life insurers, has announced its highest-ever bonus payout of ₹2,173 crore for the financial year ending March 31, 2026, for its participating (par) policyholders. Over 8.74 lakh policies will benefit from this payout an 18% leap over last year’s ₹1,842 crore, and the largest bonus declaration in the Company's history.

The bonus has been declared across eligible participating insurance plans, reaffirming Tata AIA's steadfast commitment to helping consumers achieve their long-term financial goals while ensuring protection for their loved ones.

Among other participating plans, the bonus has been declared for key participating plans such as Tata AIA Life Insurance Smart Value Income Plan, Tata AIA Life Insurance Shubh Flexi Income Plan, Tata AIA Shubh Maha Life, Tata AIA Life Insurance Diamond Savings Plan and Tata AIA Life Insurance Value Income Plan. (For version and more details please visit www.tataaia.com)

Participating Insurance Plans commonly known as "Par" plans are life insurance policies that share profits with policyholders in the form of bonuses. While these bonuses are not guaranteed, they are typically declared each year based on the performance of the insurer’s participating (or with-profits) fund.

What Does This Mean for Policyholders?

For policyholders, this bonus declaration is a tangible reward for their long-term financial commitment. Whether saving for a child's future, planning for retirement, creating a regular income stream, or building a family safety net participating plans powerfully combine life protection with disciplined wealth creation.

This record bonus is a direct testament to Tata AIA's financial strength and disciplined fund management. With Assets Under Management (AUM) growing 18% year-on-year to ₹1,45,617 crore as on March 31, 2026, policyholders continue to benefit from a company built on consistent, responsible growth.

Commenting on the announcement, Kshitij Sharma, Appointed Actuary, Tata AIA Life Insurance, said, “We are proud to announce yet another milestone year of record bonus payouts for our participating policyholders. This record bonus declaration reflects Tata AIA’s disciplined investment strategy, prudent fund management, and continued commitment to delivering long-term value to our policyholders. We remain focused on honouring the trust our policyholders place in us by helping them secure their financial future through solutions that offer protection, stability, and sustainable wealth creation aligned to their long-term financial aspirations.”

In the current market environment, PAR plans remain a compelling choice for consumers seeking the ideal combination of stability, long-term wealth creation, and life protection.

Tata AIA's participating plans are purposefully crafted to help consumers build lasting financial security combining the reassurance of life cover with the opportunity for meaningful, long-term wealth creation.

Key benefits of Tata AIA’s Participating Plans:

Low Volatility - Smoothed Bonus payouts help cushion against market fluctuations

Long-term Wealth Creation - Opportunity to participate in the performance of the participating fund

Life Cover - Financial protection for loved ones through life insurance coverage

Goal-based Planning - Supports long-term financial milestones with disciplined savings

Only participating (Par) products are eligible for bonus payouts.

To explore benefits, payout structures, and eligibility conditions, visit www.tataaia.com

Disclaimer

Tata AIA Shubh Maha Life - Individual, Non-Linked, Participating, Life Insurance Savings Plan (UIN: 110N208V03)

Tata AIA Diamond Savings Plan is Tata AIA Life Insurance Diamond Savings Plan (UIN: 110N133V05) - A Non-Linked, Participating Individual Life Insurance Savings Plan.

Tata AIA Value Income Plan is Tata AIA Life Insurance Value Income Plan (UIN: 110N153V03) - Individual, Non-Linked, Participating Life Insurance Savings Plan

Tata AIA Smart Value Income Plan is Tata AIA Life Insurance AIA Smart Value Income Plan (UIN: 110N162V03) - Individual, Non-Linked, Participating Life Insurance Savings Plan

Tata AIA Shubh Flexi Income Plan (UIN: 110N207V02) - Individual, Non-Linked, participating, Life Insurance Savings Plan

A monthly mortality charge will be levied. Please refer complete sales brochure for details

Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implication mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you.

The risk factors of the bonuses projected under the product are not guaranteed.

Past performance doesn't construe any indication of future bonuses

These products are subject to the overall performance of the insurer in terms of investments, management of expenses, mortality and lapses.

For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.  

The IET India Scholarship Award Opens Applications For Its 10th Edition; Prize Pool Doubled To ₹20 Lakhs

The Institution of Engineering and Technology (IET), one of the world’s largest professional engineering bodies, has announced the launch of the 10th edition of the IET India Scholarship Award, one of India’s leading platforms for undergraduate engineering students. Marking the milestone edition, the scholarship has doubled its total prize pool from ₹10 lakhs to ₹20 lakhs. Applications are now open and will close on 15 June 2026.

Over the past decade, the IET India Scholarship Award has recognised students who go beyond academic excellence to use engineering and technology to solve real-world problems. From healthcare accessibility and sustainable agriculture to waste management and assistive technology, participants have showcased innovations focused on meaningful societal impact. Past winners and finalists have gone on to pursue opportunities with globally recognised organisations and institutions including Apple, Google, NASA, MIT, and leading technology companies, reflecting the calibre of talent the programme continues to nurture.

Speaking about the 10th edition, Prof. Abhijit Chakrabarti, Chairman of the IET India Scholarship Award Advisory Committee, said: “Through the IET India Scholarship Award, we aim to encourage students to think deeply about real-world challenges and apply engineering principles in innovative and practical ways. Over the years, we have seen remarkable talent emerge from across the country, and the 10th edition is an important milestone in continuing that journey.”

The scholarship is open to full-time undergraduate engineering students from any year and specialisation studying in AICTE/UGC-approved institutions across India. Applicants must have a minimum aggregate of 60% marks or a CGPA of 6.0, with all credits cleared. There is no age limit or application fee.

The four-stage selection process includes an online application, a national-level online test, regional solution presentation rounds, and a national finale in Bengaluru, where shortlisted students present engineering-led solutions before industry and academic experts.

In addition to financial support, winners receive national recognition, trophies, certificates, and a one-year IET membership connecting them to a global professional engineering network. Applications for the 10th edition of the IET India Scholarship Award can be submitted through the official scholarship portal before 15 June 2026.

About The Institution of Engineering and Technology (IET)

The Institution of Engineering and Technology (IET) is one of the world’s largest professional engineering bodies with a global membership spanning more than 150 countries. Headquartered in the United Kingdom, the IET works to inspire, inform and influence the global engineering community to engineer a better world. In India, the IET has been active since 2006, working closely with industry, academia and government to advance engineering and technology through thought leadership, professional development, skills initiatives, awards and scholarships.

Samsung Introduces ‘Certified Re-Newed’ Programme In India To Expand Access To Premium Galaxy Devices

· One-year company warranty on refurbished Galaxy smartphones

· Flagship and mid-range Galaxy devices at reduced prices

· Refurbishment with genuine parts, data reset and software updates by Samsung

Samsung announced the launch of its Certified Re-Newed programme in India, extending access to premium Galaxy smartphones through a company-backed offering that combines assured quality, performance and value at more accessible price points.

The programme brings refurbished Galaxy devices, including flagship and mid-range models, to consumers at reduced prices, while maintaining Samsung’s standards for reliability, security and user experience.

The introduction of the Certified Re-Newed programme reflects Samsung’s continued focus on expanding access to premium technology, supporting more sustainable product lifecycles, and strengthening trust in the refurbished device category.

“At Samsung, we are focused on expanding access to our technology while maintaining the quality and reliability that consumers expect from Galaxy devices. The Certified Re-Newed programme reflects this approach by offering a trusted pathway to premium experiences at more accessible price points,” said Sumit Walia, Vice President, Head of D2C Business & Corporate Marketing, Samsung India.

Assured quality, backed by Samsung

All devices under the Certified Re-Newed programme undergo a comprehensive in-house refurbishment process, including detailed inspection, functional testing and software validation. Devices are restored using genuine Samsung parts and are packaged in new boxes.

Each device is reset to ensure complete data removal and is provided with latest software updates, supporting long-term usability. Certified Re-Newed devices are backed by a one-year manufacturer warranty, consistent with new Galaxy smartphones.  

LinkedIn Shares Bengaluru’s Top Companies For Career Growth In 2026

* The list features companies spanning IT & Software and Financial Services, reflecting the city's twin-engine economy

LinkedIn, the world's largest professional network, today unveiled its 2026 Top Companies list for Bengaluru, spotlighting the ten large companies where professionals in the region can build and grow their careers. Based on signals from the activity of millions of professionals on the platform, the list highlights organisations investing in talent and prioritising growth in one of India's most dynamic career markets.

The national Top Companies list — now in its 10th year — reflects the evolution of the world of work from the lens of shifting industries, emerging roles, and new skill demands. Derived from LinkedIn data across eight pillars including ability to advance, skills growth, external opportunity, and company affinity it serves as a practical tool for professionals at any career stage.

Nirajita Banerjee, LinkedIn Career Expert and India Senior Managing Editor said, "Bengaluru has long been known as India's Silicon Valley, but this year's data shows that the city is gradually transforming into a financial services powerhouse. With four tech companies and four BFSI firms making the list, employers are looking for candidates who understand both code and commercial outcomes. For job-seekers, the edge is in doubling down on a mix of technical and human skills. The most valuable professionals will be those who can speak the language of both technology and business.

Tech and finance share the spotlight in Bengaluru

Bengaluru's Top Companies 2026 list is defined by a near-even split between technology and financial services. JP Morgan Chase (#1), Morgan Stanley (#2) and Wells Fargo (#5) lead the charge from the BFSI sector, while IBM (#3), Amazon (#4) and SAP (#8) represent the strength of the tech sector in the city. Bengaluru also stands out as the only metro to feature pharmaceutical manufacturing in the form of Eli Lilly and Company (#9) and automation machinery manufacturing with Schneider Electric (#10) on its list.

Bengaluru dominates national Top Companies list

Bengaluru’s list reflects the strongest alignment with the national rankings among all metros, with eight of the region's top ten featuring on LinkedIn's 25 Large Top Companies India list. JP Morgan Chase, leading the list in Bengaluru, holds the (#4) spot nationally, while Morgan Stanley, (#2), ranks 17th nationally and IBM, (#3), comes in sixth nationally.

Here are tips from Nirajita on connecting with and exploring job opportunities at a Top Company:

Let your LinkedIn profile do the talking: Recruiters at Top Companies are constantly searching for talent, so focus on ensuring both your technical and human skills are visible on your profile, and keep building them. LinkedIn Learning can help you stay ahead of where the market is heading.

Put your hat in for the right roles: Rather than focusing on the volume of applications, focus your energy where it counts. LinkedIn's Job Match helps you quickly identify where your skills are already a strong fit, so you can spend more time on the job applications you're best suited for.

Your network is your net worth: Build genuine connections with current and former employees at the companies you admire, engage with their content, and nurture those relationships over time. Connecting with your community with purpose can help you find opportunities that you didn't know existed.

Stay organised and keep the momentum going: Top companies are hiring, but the process takes time. Be sure to monitor your applications, plan your follow-ups, and keep identifying individuals in your network who could help you stand out at the companies you're most focused on.

Here are the 10 companies that made it to the 2026 Bengaluru Top Companies India list:

JPMorganChase

Morgan Stanley

IBM

Amazon

Wells Fargo

HSBC

JumpCloud

SAP

Eli Lilly and Company

Schneider Electric

Methodology

The methodology for Top Companies is built on research around what it means to build a great career, matched to exclusive LinkedIn data that can uniquely tell that story for our members. There are eight key pillars to the methodology, each revealing an important element of career progression:

Ability to advance: Tracks how employees are getting ahead at the company as well as how they move up when they move to a new company.

Skills growth: Tracks how employees are gaining skills across the company while employed there.

Company stability: Tracks attrition and retention at the company.

External opportunity: Looking at recruiter outreach across employees at the company.

Company affinity: Tracks internal connection volume, controlled for company size: Gets to the idea of “culture” with a metric.

Gender diversity: Measures gender parity within a company and its subsidiaries.

Educational background: Tracks spread of educational background from no degree through doctorates.

Employee presence in the country: Company size in the country relative to other companies.

About LinkedIn

LinkedIn connects the world’s professionals to make them more productive and successful and transforms how companies hire, learn, market, and sell. Our vision is to create economic opportunity for every member of the global workforce through the ongoing development of the world’s first Economic Graph. LinkedIn has over 1.2 billion members and has offices around the globe. www.linkedin.com / mobile.linkedin.com 

This Cricket Season, Check Your Financial Form With PNB Housing Finance’s “Know Your Financial Pitch”

It’s the high-energy cricket season where every match, every run, and every shot can change the game.

Bringing together India’s cricket frenzy and home ownership aspirations, PNB Housing Finance has launched an interactive cricket-themed microsite - “Know Your Financial Pitch” - designed to make home loan planning more engaging, intuitive and relatable for customers.

When it comes to buying a home, it is important to understand your loan eligibility and affordability, as it helps you plan your finances accordingly. From evaluating “opening strength” (monthly income) and “support in the pavilion” (down payment capability) to understanding other “tournaments” already in play (existing EMIs), the platform transforms financial planning into an immersive match-day experience.

What the microsite offers:

Instant home loan eligibility insights

Affordability assessment in a simplified format

Cricket-inspired interactive customer journey

Mobile-first, easy-to-share digital experience

A fun and engaging alternative to traditional financial tools

Designed to resonate with digitally-savvy consumers during peak cricket season, the initiative reflects PNB Housing Finance’s continued focus on innovative customer engagement and accessible financial planning.

Take your shot here: https://www.pnbhousing.com/know-your-financial-pitch

Whether you’re a first-time homebuyer or just exploring your options, it’s time to step up to your financial crease and see where you stand.