ICICI Group launches banking and insurance academy in India

India's leading financial services entity, ICICI Group has launched an academy of banking and insurance in association with Manipal Education.

The ICICI Manipal Academy of Banking and Insurance will offer a one-year diploma in the sector to fresh graduates selected through an all-India entrance examination for probationary officers. It is expected that the first batch of 600 students to start the course by November or December, 2007. Initially, the academy will have two campuses in Manipal and Hyderabad but additional campuses may soon be coming up. The first batch will have 600 students which is expected to increase to 2,000 in two years.