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ICICI Reported Most Number Of Fraud Cases In 11 Years Worth 5,000 Crores
Thursday, June 13, 2019, 7:45 AM
Of over 50,000 frauds that hit banks in India in the last 11 fiscal years, the ICICI Bank, SBI and HDFC Bank reported highest number of cases, according to an RBI data. Of the total 53,334-cases of frauds reported during 2008-09 and 2018-19 fiscal years, involving a whopping Rs.2.05 lakh crore, ICICI Bank reported the highest number of cases at 6,811 involving Rs.5,033.81 crore.
ICICI Bank, Adani Ports Donate 35 Crores For Cyclone Fani Relief Efforts
Wednesday, May 8, 2019, 7:40 AM
To bolster Odisha's efforts in rebuilding and restoration post-cyclone Fani, Adani Ports and ICICI Bank have donated a total of Rs. 35 crore to the Chief Minister's Relief Fund (CMRF). While the Adani Group has committed Rs.25 crore, ICICI Bank has donated Rs. 10 crore to support the people affected by the extremely severe cyclonic storm that made landfall in the state last week.
Mi Pay Launched in India, Xiaomi's UPI-Based Payments App
Tuesday, March 19, 2019, 2:57 PM
Mi Pay payments app has been launched in India. Xiaomi at the Redmi Go launch event on Tuesday the Unified Payments Interface(UPI) based payments app in the country. To company emphasised it has complied with data localisation requirements, and the Mi Pay app has been approved by the NPCI. ICICI Bank will function as the payment service provider for the Mi Pay app.
