![Axis_Bank_acquires_Freecharge_appoints_Sangram_Singh_as_CEO](https://currentaffairs.freejobalert.com/wp-content/uploads/2017/10/Axis_Bank_acquires_Freecharge_appoints_Sangram_Singh_as_CEO-300x300.jpg)
The country’s third largest private sector lender Axis Bank has acquired payments wallet Freecharge for Rs. 373 crore in an all-cash deal and appointed Sangram Singh as its CEO. Sangram Singh has been appointed as the CEO of Freecharge Payment Technologies Private Ltd.