India’s outsourcing sector suffered a fresh blow on Monday when the World Bank revealed it had barred Wipro Technologies – the industry’s third biggest outsourcing company by revenue – from doing business with it.

The allegations against Wipro, which the bank accused of “providing improper benefits” to bank staff, come less than a week after news that the sector’s fourth largest operator, Satyam Computer Services, had been fixing its accounts in a fraud worth more than $1bn.