Axis Bank gives Rs 100 crore to help tackle COVID-19

India’s third-largest private sector bank-Axis Bank, has dedicated Rs 100 crore to customers, employees, vendors, government agencies for supporting them in fighting against the deadly disease and combat the impact of Coronavirus.

Apart from this, with an increasing number of Coronavirus cases in the country, Axis Bank has also decided to waive off charges for savings account, current account as well as prepaid card customers towards online IMPS and ATM financial & non-financial transactions from March 23 to 31, 2020.

Commenting on this, Amitabh Chaudhry, CEO of Axis Bank said that at this point, it’s important to stand with the people and community all together in the fight against the pandemic. He also appealed customers to use digital platforms for transactions in an effort to reduce physical interactions.

At 12.22 pm on Tuesday, the stock of Axis Bank Ltd is trading at Rs 300.35, down by 2.59 per cent against its previous close of Rs 308.35. Its 52-week high is recorded at Rs 826.55 while, the stock hit a fresh 52-week low today at Rs 291.15 on BSE.