Sleeping giant: Airtel Payments Bank may list in 3 to 4 years, says Sunil Mittal
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Answer: Sleeping giant: Airtel Payments Bank may list in 3 to 4 years, says Sunil Mittal - Edited byGareema Bangad - Published OnNov 13, 2026 | 18:00 IST - Last Updated OnNov 13, 2026 | 18:00 IST Sunil Bharti Mittal, Chairman of Bharti Enterprises, which owns Airtel, believes the payments bank has the potential to emerge as a much larger financial services business, describing it as a "sleeping giant" with nearly 100 million customers and revenue approaching ₹4,000 crore. Airtel Payments Bank could be heading for a stock market debut in the next three to four years, as Bharti Enterprises looks to scale up the business before taking it public. Sunil Bharti Mittal, Chairman of Bharti Enterprises, which owns Airtel, believes the payments bank has the potential to emerge as a much larger financial services business, describing it as a "sleeping giant" with nearly 100 million customers and revenue approaching ₹4,000 crore. "It is a sleeping giant... And can we get to ₹10,000 crore revenue, ₹1,000 crore profit, with a ₹10,000 crore deposit? I think it's a possibility in the next few years. And that's the time when this giant will hopefully get showcased into the market," he said in an exclusive chat with CNBC-TV18. He believes achieving these milestones would give the business the scale needed to make a public listing meaningful. However, the bank will need the Reserve Bank of India's (RBI) indulgence, as its statutory period is due to expire within a year to a year and a half, while it needs three to four years to reach its targets. Read more: Bharti Airtel gets ₹2,400 target from Motilal Oswal on expected tariff hike The IPO plan also reflects Bharti Group's broader ambitions in financial services. Mittal has described the sector as the next big bet, citing Airtel Money's success in Africa and the potential to use Airtel's customer data to offer consumer loans in India. Watch accompanying video for full conversation. This is an edited transcript of the interview. Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer: Answer:
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