Mumbai, Feb. 23 -- Bharti Airtel announced major plans for its Non-Banking Financial Company (NBFC), Airtel Money, underscoring its commitment to narrow the credit gap in India.

The NBFC subsidiary will be capitalised with Rs 20,000 crore to be injected over the next few years. Airtel will contribute 70% with the promoter group via Bharti Enterprises , bringing in the balance 30%.

With strong digital assets, a large data and analytics engine powered by 500+ data scientists, and deep operational expertise, Airtel aims to rapidly expand access to simple, secure, and innovative digital financial services across India.

Airtel has built a high-performance credit engine over the last two years, powered by its digital platform and deeply inte...