Wipro secures $300 million contract from ICICI Bank for digital services

IT consulting and business process services company Wipro has secured a strategic seven-year engagement valued at 300 million dollars (about Rs 2,165 crore) from private lender ICICI Bank to provide a comprehensive suite of services.

Kochhar’s growing Criminal Logbook

The Enforcement Directorate (ED) has reportedly expanded the scope of its investigation against former ICICI Bank CEO and MD Chanda Kochhar.

Power of Three: To Save One

In a bid to have a banking environment with fewer but healthier lenders, India witnessed its first ever merger of 3 public sector banks. HEAD SHOT In the first 3-way merger in the country’s history, two smaller public sector banks,…

The Fall of India’s Most Favourite Banker

The accomplished and well-known banker has been struck down with a number of malpractices, as CBI seems to have found sufficient evidence to implicate Kochhar in the near future. HEAD SHOT The ED claims to have established a money trail…

Online fraud protection policies to be offered by ICICI Lombard and Mobikwik

ICICI Lombard, Mobikwik to offer online fraud protection policy ICICI Lombard and Mobikwik on Monday announced a strategic partnership to provide cyber-insurance cover. The relationship aims to provide protection against unauthorised and fraudulent transactions online, across bank accounts, debit and…

ED searches premises of Venugopal Dhoot and Chanda Kochhar

The Enforcement Directorate conducted searches at the premises of former ICICI Bank MD Chanda Kochhar and Venugopal Dhoot of Videocon Group in Mumbai and Aurangabad. The development comes weeks after the ED registered a criminal case against them for alleged…

MobiKwik offers instant life insurance for Rs 20 on its app

MobiKwik, India’s largest digital financial services platform, today announced the launch of digital life insurance on its app to its users. MobiKwik in association with ICICI Prudential Life Insurance Company has rolled out first-of-its-kind group micro insurance product. The offering…

Icy cold touch of betrayal

Chanda Kochhar’s dramatic fall from grace is a shocking jolt to the faith that millions have reposed in India’s financial institutions and their leaders. Justice needs to be urgently served. The CBI has booked Chanda Kochhar on charges of criminal…