"icici-bank"

According to the police, the fraudsters sent a courier to the ICICI bank in Gurgaon containing letters bearing the name and stamp of Hyderabad City Police asking them to unfreeze 38 accounts, which were frozen on the request of the Hyderabad Cybercrime Police last year

The 30-share BSE index was trading 403.16 points or 0.82 per cent lower at 48,758.65 in initial deals.

The fintech company has already facilitated disbursals of over Rs 1,600 crore to more than 2 lakh merchants since the launch of the lending vertical.

After a volatile session, the 30-share BSE index ended 202.22 points or 0.42 per cent lower at 47,878.45

Under the partnership, the issuance of FASTag will take place by using UPI on the PhonePe app.

The 30-share BSE index was trading 510.31 points or 1.04 per cent higher at 49,518.81, and the broader NSE Nifty surged 162.70 points or 1.12 per cent to 14,670.

Christened 'EMI @Internet Banking', the facility will enable customers convert their high-value transactions up to Rs 5 lakh into easy monthly instalments, ICICI Bank said.

About 10 lakh bank employees and officers are to participate in the strike called by the United Forum of Bank Unions, an umbrella body of nine associations and groups.

In the fortnight ended February 28, 2020, bank credit stood at Rs 101.05 lakh crore and deposits at Rs 133.26 lakh crore, released by RBI showed.

The very purpose of nationalisation in India — serving the unbanked and under-banked — is yet to be achieved and financial inclusion cannot afford the luxury of complete privatisation