{"id":155020,"date":"2023-08-11T12:51:26","date_gmt":"2023-08-11T07:21:26","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=155020"},"modified":"2023-08-11T12:51:28","modified_gmt":"2023-08-11T07:21:28","slug":"airtel-payments-bank-launched-indias-1st-eco-friendly-debit-card","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/airtel-payments-bank-launched-indias-1st-eco-friendly-debit-card\/","title":{"rendered":"Airtel Payments Bank Launched India\u2019s 1st Eco-Friendly Debit Card"},"content":{"rendered":"\n<p><strong>Airtel Payments Bank Launched India\u2019s 1st Eco-Friendly Debit Card:<\/strong> India\u2019s first payment bank, <strong>Airtel Payment Bank<\/strong> also became the first Indian Bank to launch an eco-friendly debit card for its new and existing customers with a savings bank account. In contrast to standard PVC cards, the debit cards will be made of recycle-Poly Vinyl Chloride (r-PVC), a certified eco-friendly material. The introduction coincides with the Bank\u2019s dedication to sustainability and its drive to advocate for environmentally conscious practices within the financial industry.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/daily-current-affairs-and-quiz\/\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs Quiz: August 2023<\/a><\/p>\n\n\n\n<p><strong>Environmental Impact<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Each production batch of 50,000 cards results in a 350 kg decrease in carbon emissions when compared to typical PVC cards commonly used in the market.<\/li>\n\n\n\n<li>The production of r-PVC cards will lead to a 43% reduction in hydrocarbon consumption, playing a role in curbing petroleum usage during the manufacturing process.<\/li>\n\n\n\n<li>With each batch of r-PVC cards contributing to the conservation of an 6.6 million litres of water.<\/li>\n<\/ul>\n\n\n\n<p><strong>About new Debit cards<\/strong><\/p>\n\n\n\n<p>Airtel Payments Bank debit card comes in two variants(under Classic variant)<\/p>\n\n\n\n<p>i. Personalised Classic Card: Availed through the Airtel Thanks mobile application.<br>ii. Insta Classic Card: Availed at selected neighbourhood banking points (by the close of the current quarter).<\/p>\n\n\n\n<p>Note: The cards also provide rewards such as up to INR 10,000 in e-commerce perks and complimentary One Dines experiences in major cities across India.<\/p>\n\n\n\n<p><strong>Important takeaways for all competitive exams:&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Airtel Payment Bank<\/strong>&nbsp; MD &amp; Chief Executive Officer: Anubrata Biswas;<\/li>\n\n\n\n<li><strong>Airtel Payment Bank<\/strong>&nbsp; Headquarters: New Delhi, Delhi;<\/li>\n\n\n\n<li><strong>Airtel Payment Bank<\/strong>&nbsp; Established: 2017.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Airtel Payments Bank Launched India\u2019s 1st Eco-Friendly Debit Card: India\u2019s first payment bank, Airtel Payment Bank also became the first Indian Bank to launch an eco-friendly debit card for its new and existing customers with a savings bank account. In contrast to standard PVC cards, the debit cards will be made of recycle-Poly Vinyl Chloride [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":155021,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5142],"tags":[74],"offerexpiration":[],"class_list":["post-155020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-august-2023","tag-bank-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/155020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=155020"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/155020\/revisions"}],"predecessor-version":[{"id":155022,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/155020\/revisions\/155022"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/155021"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=155020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=155020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=155020"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=155020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}