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Digigold-- By Airtel Payments Bank

Published on May 16, 2021
Current Context: The Airtel Payments Bank launched a digital platform named DigiGold.
Digigold-- By Airtel Payments Bank
  • The platform Digigold was launched to allow its customers to perform investments in gold.
  • To launch this platform, Airtel Payments Bank has collaborated with SafeGold which is a provider of digital gold.
  • Through DigiGold, people will be able to perform investment in 24K gold by using the Airtel Thanks app.
  • Also, the Customers can gift DigiGold to their family and friends, who have a savings account with Airtel Payments Bank.
  • The gold purchased through DigiGold will be stored by SafeGold without any additional cost. The gold can be then sold through the Airtel Thanks app.
  • There is no minimum investment value requirement and customers can start with as low as one rupee.
  • Static Part:
    • HQ of SafeGold: Mumbai
    • HQ of Airtel Payments Bank: New Delhi
    • MD and CEO of Airtel Payments Bank: Anubrata Biswas

Question: 

Q.1 Which of the following payment bank launched the Digigold platform?
a. Airtel Payment Bank
b. Fino Payment Bank
c. India Post Payment Bank
d. Paytm Payment Bank

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