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Cyclone Fani: Axis Bank donates Rs. 13.4 crore under CSR

India CSR by India CSR
May 22, 2019
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BHUBANESWAR:  Axis Bank has contributed over Rs. 13.4 crores towards local relief and rehabilitation activities in the state.

Axis Bank provided financial assistance of Rs. 2.65 crores to the District Representatives of the 14 most severely affected districts to support local relief activities on the ground. Under Axis Sahaayata, the Bank has committed to spend an additional Rs. 1 crore for relief activities in some of the most severely affected interiors of the State.

Additionally, Axis Bank Foundation has invested over Rs. 9.5 crores through various CSR interventions under its Sustainable Livelihoods program. Axis Bank Foundation has also provided Rs. 25 lakhs to agencies involved in rescue and relief activities.

Ravi Narayanan, President & Head Branch Banking, Axis Bank said, “Axis Bank’s employees and partners have been working relentlessly with the district and state level authorities towards restoring critical and civil infrastructure through the use of Micro-ATMs, POS machines, Mobile vans in the state. Axis Bank remains fully committed to ensuring that the people of Odisha can rebuild their lives and get back to normalcy at the earliest.’’

With an aim to mitigate hardships faced by customers, the Bank has waived off various charges and has also extended payment deadlines for its various products and services. The Bank has deployed 7 POS and 7 Micro-ATMs at select locations across the state to ensure smooth cash payments and has also flagged off one Mobile ATM, not only for the Bank customers but also for the general public in Odisha.

Additionally, the Bank has launched a special drive to raise funds for supporting Odisha relief from its employees under Axis Cares, its employee contribution program.

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