ICICI Bank Organises Workshop on Prevention and Investigation of Banking Frauds

ICICI Bank, in association with Hailakandi District Police, organised a workshop for the police officials to enhance their knowledge and understanding in investigating cybercrimes and banking frauds.

Shri Anurag Agarwal, IPS, Deputy Inspector General of Police, Silchar inaugurated the workshop. Shri Moloy Borah, Deputy Commissioner, Hailakandi, Shri Samarjit Dey, District & Session Judge, Hailakandi, Shri F.R Laskar, Additional Deputy Commissioner, Hailakandi and Shri Rajen Singh, Superintendent of Police of Hailakandi were also present at the occasion.

In his inaugural speech, Shri Agarwal appreciated the bank’s effort in organizing such workshops that make the police aware of the various trends in cybercrime and keep them better equipped to handle such cases.

Dr. Sanjay Chougule, Senior General Manager and Head- Financial Crime Prevention Group, ICICI Bank, said: “We are privileged to partner with the Assam Police to share our experience in prevention and investigation of economic offences. We have been interacting with the law enforcement agencies for effective policing of banking frauds and crimes. Shri Mukesh Sahay, Director General of Police, Assam has encouraged the bank to organise more such workshops in future. We plan to do so across the state.”

The one-day programme aimed to create awareness among the police officials in Hailakandi about the fast evolving scenario of economic offences by sharing the knowledge and experience of the bank. The bank's officials specialize in financial crime prevention and investigations and conducted the workshop encapsulating an array of topics such as:

• Fake Indian Currency Notes - its features

• Latest trends in online fraud - vishing, phising, sim swap, among others

• Card fraud - types, modus operandi, counterfeiting and skimming

The bank undertakes various initiatives under the aegis of its “Safe Banking” series to educate and create awareness among its customers on precautions they should take while banking.  In order to do so, the bank advertises in newspapers, posts information on its website & social media profiles, sends SMSes to customers and includes a precautionary note as part of the customer's account statement, among others.

The bank services its large customer base through a multi-channel delivery network of 4054 branches, the largest among private sector banks, 12,964 ATMs (at September 30, 2015), call center, internet banking (www.icicibank.com), mobile banking, banking on Facebook & Twitter as well as its digital bank on mobile, Pockets.

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About ICICI Bank Ltd:

ICICI Bank Ltd (NYSE:IBN) had consolidated total assets of US $ 132.17 billion at March 31, 2015. ICICI Bank's subsidiaries include India's leading private sector insurance companies and among its largest securities brokerage firms, mutual funds and private equity firms. ICICI Bank's presence currently spans 17 countries, including India.

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