Axis Bank partners with FHRAI to strengthen banking support for India’s hospitality sector
Axis Bank partners with FHRAI to strengthen banking support for India’s hospitality sector , April 10, 2026: Axis Bank, one of the largest private sector banks in India, has entered into a Memorandum of Understanding (MoU) with the Federation of Hotel and Restaurant Associations of India (FHRAI), one of the country’s apex hospitality industry bodies. The MoU, signed in the presence of senior representatives from both organisations, enables Axis Bank to engage more closely with FHRAI’s extensive member base across the country, strengthening collaboration with hospitality businesses across segments and geographies. Under the partnership, Axis Bank will offer a suite of banking and transaction solutions designed to address the specific needs of businesses across the tourism and hospitality ecosystem. These include a specialized current account proposition with transaction banking benefits such as concessions on POS rentals, cash management services, and payment solution setup fees. A...