Innovative Initiatives: Axis Bank's New App, Capital Bank's Expansion, and Wetland Restoration

Axis Bank has launched 'Neo for Merchants', a mobile app providing solutions for merchants. Capital Small Finance Bank has opened a new branch in Jammu targeting middle-income groups and small businesses. The Hinduja Group's philanthropic arm collaborated with the Indian Army to restore Hannikallu Marsh in Tamil Nadu.

Axis Bank has unveiled a new mobile application named 'Neo for Merchants' on Tuesday. The app aims to provide a suite of solutions for merchants, including payment acceptance, transaction viewing, and service request management, as per the official statement.

In a separate development, Capital Small Finance Bank announced the inauguration of a new branch in Residency Road, Jammu. This branch will focus on serving the middle-income group and small business segments, according to their statement.

Meanwhile, the Hinduja Group's philanthropic wing has partnered with the Indian Army to restore the Hannikallu Marsh, a crucial wetland habitat located in Tamil Nadu's Wellington. The rejuvenated 'eco park', covering 12 acres, was inaugurated by Paul Abraham, president of Hinduja Foundation, and Brig SK Yadav of the Madras Regimental Centre, a statement revealed.

(With inputs from agencies.)