rediff.com
News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

Rediff.com  » Business » ICICI Bank to hire 6,000 people this fiscal
This article was first published 13 years ago

ICICI Bank to hire 6,000 people this fiscal

Last updated on: September 9, 2011 13:36 IST

Image: ICICI Bank CEO Chanda Kochhar.
Photographs: Reuters

The country's largest private lender ICICI Bank will recruit up to 6,000 people this fiscal to cater to its business growth and expansion plans, a top official said on Friday.

"Our business is growing between 18 to 20 per cent and we are also adding branches... it's expected that we would hire between five and six thousand people in our workforce," the bank's managing director and chief executive Chanda Kochhar told reporters.

. . .

ICICI Bank to hire 6,000 people this fiscal


Photographs: Reuters

Most of the recruitments will be at the entry-level and will be done either directly or through institutes  raining graduates in banking and insurance with which the bank has tie-ups, she said.

Asked about the banking ombudsman's recent suggestion to ban pre-payment charges on floating rate loans and how ICICI Bank will be gearing up for it, Kochhar said, "I think it's a recommendatory discussion about action points. So we should wait for the clarifications to emerge."

. . .

ICICI Bank to hire 6,000 people this fiscal


Photographs: Reuters

Though the suggestions of the banking ombudsman are morally suggestive in nature, they are generally accepted by banks.

Technically speaking, these suggestions have to be followed up by a circular from the Reserve Bank of India.

© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.