August 12th, 2007
Rupees 1 crore loss in 30 minutes, at ICICI online
In an unconfirmed story and report, a senior level data entry employee at ICICI mistakenly entered two extra zeros at the end of some transactions for one full hour, before other senior employees caught on and shut down the systems. This act cost ICICI Rs 30 crores initially, and a meeting was called immediately to […]
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