ICICI Bank overtakes HDFC Bank as top private bank employer

ICICI Bank overtakes HDFC Bank as top private bank employer

NEW DELHI: With addition of over 10,000 jobs last fiscal, ICICI Bank has overtaken rival HDFC Bank as the biggest employer in the private banking space with more than 72,000 employees.

Incidentally, HDFC Bank saw its employee headcount decline by 900 during the fiscal ended March 31, 2014, while at least five other major private sector banks saw their workforces grow during the year.

These five lenders — ICICI Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank and Yes Bank — saw their employee strength rise by over 20,000 in 2013-14.