Page 19 - Banking Finance October 2025
P. 19
PRESS RELEASE
ICICI Banks Festive Bonanza returns with blockbuster deals across
top brands
ICICI Banks annual 'Festive Bonanza' is back with lots of attractive deals on big brands across online shopping, mobiles,
electronics, fashion, travel, grocery, quick commerce, furniture, and dining categories. With discounts/ cashback of up
to ?50,000, the Banks customers can access these offers by using their credit/debit cards, internet banking, cardless
EMI and consumer finance. Additionally, they can opt for no-cost EMI by using their credit/debit cards.
The Bank has partnered with leading brands such as Apple, Flipkart, Croma, Reliance Digital, OnePlus, MakeMyTrip,
Goibibo, Yatra, Blinkit, Swiggy, Ajio, District and Pepperfry among others. It has also partnered with Flipkart Big Billion
Days, wherein customers can avail 10% off up to ?4,500 across the range of products starting September 23 to October
2, 2025.
Customers can enjoy instant cashback of up to ?6,000 on purchases made via ICICI Bank credit cards, EMIs on debit
cards at Apple-authorised stores. They can also opt for the iPhone for Life programme, paying just 75% of the price of
the latest iPhone 17 phones through 24 no-cost EMIs. Extending the offerings, the Bank has also brought-in special offers
on its loan products.
Speaking on the launch, Mr. Rakesh Jha, Executive Director, ICICI Bank said, Every year, our Festive Bonanza brings
added joy and value to the festive season. This year, we are delighted to offer a wide array of deals across top brands,
with thoughtfully designed offers to meet our customers evolving needs. Our customers can avail these offers through
credit/debit cards, internet banking, cardless EMI and consumer finance. They can also opt for no-cost EMI using their
credit/debit cards.
HDFC Bank Backs Indigenous Solutions, Invests in Quantum
Cybersecurity Start-up, QNu Labs
HDFC Bank, Indias leading private sector bank, announced an investment in QNu Labs, a pioneer in full-stack end-to-end
quantum-safe cybersecurity platform. This initiative gives a fillip to QNus commitment to pursuing quantum safety and
strengthening India's digital sovereignty through indigenous innovation.
Arup Rakshit, Group Head, Treasury, HDFC Bank, said, Investment in QNu gives us an opportunity to back an indigenous
and future-ready innovation. By building proactive solutions in the quantum cybersecurity space, QNu Labs makes a
valuable contribution to the financial sector with its quantum-safe communication networks.
Sunil Gupta, CEO, QNu Labs said, "We are thrilled to conclude our Series A funding with HDFC Bank as our partner. This
strategic milestone validates our contrarian approach of leveraging quantum physics over classical and conventional AI-
based security methods. We are not just protecting digital assets we are working towards making India a quantum-
safe nation and fortifying our digital sovereignty."
QNu Labs is a key player in integrated, end-to-end quantum-safe cybersecurity solutions. With patented, certified, and
field-proven technologies, QNu delivers unbreakable security grounded in the fundamental laws of quantum physics. Its
flagship product, QShield, is the SaaS-enabled, full-stack quantum-safe platform that protects every layer of digital
infrastructure from physical hardware to application-level systems across endpoints, networks, edge, and cloud
environments.
Founded in 2016 , QNu Labs stands as the pioneer of quantum secure solutions with the ethos "Born in India, Built for
the World" successfully conceptualising, designing, developing, and commercialising quantum-safe deep tech security
solutions through the confluence of quantum physics, photonics, electronics, mathematics, and national security
imperatives. Incubated at IIT Madras Research Park in 2016, QNu Labs is revolutionising cybersecurity with quantum-
safe solutions. Its products and solutions contribute towards securing critical infrastructure across defence, government
and enterprises.
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