ICICI Topped List Of Banks Penalising Staff For Fraud in 2015-2017: RBI data

According to data furnished by the Reserve Bank of India, between 2015 and 2017, private lender ICICI Bank penalized the highest number of employees for defrauding bank assets in the last three year out of 60 scheduled commercial banks operating in India.

It is followed by State Bank of India and Punjab National Bank. In all, banks took action against a staggering 13,949 officials, of which 16%, or 2,236, belonged to ICICI.

Source- RBI

Static/Current Takeaways Important For IBPS Clerk Mains Exam 2018:

    • ICICI Bank stands for Industrial Credit and Investment Corporation of India.
    • Headquarters of ICICI Bank: Mumbai.
  • ICICI Bank board has appointed ICICI Prudential Life Insurance CEO Sandeep Bakhshi as whole-time director and chief operating officer (COO

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