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Airtel Payments Bank partnered with Park+

Published on January 09, 2022
Current Context: The Airtel Payments Bank entered into a partnership with Park+, which works to frame automated parking spaces through FASTags.
Airtel Payments Bank partnered with Park+
  • They have partnered to provide FASTag-based smart parking solutions to marquee commercial and residential properties in India.
  • The network and reach connectivity of Airtel Payments Bank will benefit this partnership.
  • They will work to digitize the parking ecosystem using FASTag linked with the vehicles.
  • Under the partnership, Park+ will offer FASTag services, issuance facility, recharge facility, and tech support to the Airtel Payment Bank.
  • The customers of Airtel FASTag will be to access the facilities deployed by Park+.
  • Static Part: 
    • HQ of Airtel Payments Bank: New Delhi
    • MD and CEO of Airtel Payments Bank: Anubrata Biswas

Question: 

Q.1 With which bank has Park+ entered into a partnership to provide FASTag-based smart parking solutions to marquee commercial and residential properties in India?
a. State Bank of India
b. AU Small Finance Bank
c. ICICI Bank
d. Airtel Payments Bank

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