Glassdoor is your free inside look at ICICI Bank reviews and ratings - including employee satisfaction and approval ratings for ICICI Bank CEO Chanda D. Kochhar. All 487 reviews are posted anonymously by ICICI Bank employees.
92% of the CEO
Chanda D. Kochhar
1 person found this helpful
Former Employee – worked at ICICI Bank
Pros – Less Paper Work, Technologically Advanced,
Cons – Poor Due Diligence, Less Transparency
Yes, I would recommend this company to a friend
2013-05-18 09:07 PDT
Current Employee – been working at ICICI Bank
Pros – A lot of opportunities to grow for talented employees
Excellent training programs
Process oriented
Detail goal setting and performance review
Cons – Cultural difference - not adapted to Canadian culture
Outsourcing back office functions to India - complicated the process
Emphasis on process compliance instead of risk base analysis for optimum result
Advice to Senior Management – Enhance communication within teams through regular meetings
Encourage participation / feedback from employees
Studying Canadian market practice for improving competitive advantage
2011-06-21 21:48 PDT
Current Employee – been working at ICICI Bank full-time for more than a year
Pros – - Highly process driven
- Very aggressive in approach. By the time other banks think of implementation, ICICI Bank is already out there in the market providing those services.
- Multiple platforms linked to each system. There is no end to learning and personal development at ICICI Bank.
Cons – - Personal life takes a beat as projects are to be delivered in minimum possible timeline.
- Not a very high payer when it comes to remunerations.
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-05-12 03:59 PDT
1 person found this helpful
Former Employee – worked at ICICI Bank full-time for more than 7 years
Pros – Will Learn Complete Banking, fully process oriented, Challenging environment will Make u successful
Cons – salary pay is less when compared with other competetive Banks
Advice to Senior Management – Salary has to be revised keeping market conditions
Yes, I would recommend this company to a friend
2013-04-30 03:39 PDT
Current Employee – been working at ICICI Bank full-time for more than 7 years
Pros – Terse, Client Centric, Challenging, Satisfying
Cons – Analytical, repetitive, Demanding, challenging, deadline oriented
Advice to Senior Management – NA
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-04-28 22:13 PDT
Former Employee – worked at ICICI Bank as a contractor for more than a year
Pros – ICICI Bank is platform where U can teach each and every thing and also thee customers dealing.
Cons – All is well but the payment structure is too problem.
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-04-26 23:33 PDT
Current Employee – been working at ICICI Bank full-time for less than a year
Pros – good work culture and helping nature
Cons – no con in my mind
Advice to Senior Management – they are better
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-04-27 00:08 PDT
Former Employee – worked at ICICI Bank full-time for more than a year
Pros – Good learning, flexi timings, less pressure on new joiners
Cons – More team assistance required,help from seniors required
Advice to Senior Management – Focus more on new joinees
Yes, I would recommend this company to a friend
2013-04-22 09:39 PDT
Current Employee – been working at ICICI Bank full-time for more than a year
Pros – Culture is very good ggod
Cons – work life balance is not that good
2013-05-16 07:45 PDT
Current Employee – been working at ICICI Bank full-time
Pros – Tech oriented , Independent responsibilities given, good for a person who can start of processes/activities on his own. Money is fine perks and benefits are also fine.Keep your bosses happy, even if you do not perform you will survive.Good place for females to grow as its a female oriented bank good leave management system.No one will question you if your leave is genuine.
Cons – Biased HR policy toward Listed MBA colleges and PO's.If you hold a premier/listed institute MBA/First attempt CA and are just out of college/institute then ICICI is the place for you .For graduates with work ex trying to enter ICICI - i suggest this company is a NO NO..Whatever best you do, an MBA/CA will grow faster then a graduate in this company so why waste your time .If you want to still try then suggest join and within first 3 yrs( if you can wait for so long) you get a promotion fine ! else resign, its a waste of time.Moving across departments is VERY TOUGH if ever it happens and your boss is not happy then you have had it ...you will not get any responsibilities and will be sidelined during concalls etc and at the end of the year i.e rating time you will be asked "WHAT HAVE YOU DONE" so your BOSS, using the rating system will justify to his bosses that this person deserves a poor rating. This is how the RATING tool is misused.As regards rating CRY BABY GETS THE MILK ..a silent performer remains silent....If your in sales then you are in heaven there are people who proxy sign in and are actually working for 3 days or even lesser a week and have also got 1 and 2 rating's and managed promotions also...in ICICI terminology this is called "Smartwork"..If your of sales background and SMART then this is the place for you ..as you dont have to do real sales you only have some Agencies which you can bombard on phone, sitting at your home and get your target achieved.Once in a while visiting office will do.For Sales this place is a big THUMBS UP " .Some of the Sales team if put out in the market will not even be able to sell a Tumbler.The good ones generally leave the ones who know to fool around the system stay back
Advice to Senior Management – By running the Rating system you feel bosses cannot be partial ...this is a wrong thinking. By introducing the rating system you have legitimized partiality. All or rather i will rephrase " most" of the 1 rating in your system know how to fool the system and get a 1 rating.This is a cascading effect right from top management/bosses till the lower ones.Some of the 1 rater's don't even know how to draft a mail leave alone speak good English. Moving across departments is VERY TOUGH if ever it happens and your boss is not happy and god forbid you have to stay back then you have had it ...you will not get any responsibilities and will be sidelined during concalls etc and at the end of the year i.e rating time you will be asked "WHAT HAVE YOU DONE" so thus your BOSS using the rating system will justify to his bosses that this person deserves a poor rating.When the fact is he has sidelined you and already decided your rating. This is how(one of the means) the RATING tool is misused. Iam sure this is no greek and latin to the top management they very well know all this .HR plays more or less a RECEPTIONIST by role, receive your complaint and forward it to the person on whom the complaint is... frankly HR has no say,Trust me on this ,its my real time experience. Business has most of the say. Last but not the least your 360 degree feedback is not what it seems.The managers call the subordinates and tell them they are going to get their feedback and when this is the case which FOOL will reveal the truth after all its the same boss who has to do his rating ...all the anonymous 360 degree are not really anonymous as there are backdoors through which info passes on. Lastly you are having wolves managing donkeys jobs so this should be expected .Please do not mistake my words was being CANDID ..anyways salute to the Second Largest Bank and hope to see it as NO 1 .Cheers to its leading Lady for handling the mess she was put in or rather dragged into...Stay on against all odds.
No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company
2013-05-08 04:48 PDT
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