
ICICI Bank

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About ICICI Bank

ICICI Bank offers a range of financial products and services to retail, rural, small and medium enterprises and corporate customers. The Bank delivers products and services through various channels including branches, ATMs, mobile phones and the internet. The Bank aims to offer a seamless omni-channel experience to customers. The Bank progressed on its journey of Bank to BankTech through the digital and technological transformation.
At ICICI Bank, technology is being integrated into every aspect, from delivering value to customers to optimising internal operations. We aim to grow our profitability within the guardrails of risk and compliance through a 360-degree customer-centric approach and by focusing on ecosystems and micro-markets. The principles of Fair to Customer, Fair to Bank and One Bank, One ROE will guide our operations. We focus on building a culture where every employee in the Bank serves customers with humility and upholds the values of brand ICICI. We aim to be the trusted financial services provider of choice for our customers and deliver sustainable returns to our shareholders.

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![]() | ![]() Change Company | ![]() Change Company | ![]() Change Company | |
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Overall Rating | 4.0/5 based on 41.9k reviews | 3.9/5 based on 43.5k reviews ![]() | 3.7/5 based on 28.3k reviews ![]() | 3.7/5 based on 19.2k reviews |
Highly Rated for | Job security Skill development Company culture | Job security Skill development | ![]() No highly rated category | ![]() No highly rated category |
Critically Rated for | ![]() No critically rated category | Promotions | Promotions | Promotions |
Primary Work Policy | Work from office 91% employees reported | Work from office 84% employees reported | Work from office 79% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.9 Good rated by 11.1k women | 3.7 Good rated by 9.3k women | 3.6 Good rated by 6.1k women | 3.5 Good rated by 4.3k women |
Rating by Men Employees | 4.0 Good rated by 29k men | 3.9 Good rated by 32.1k men | 3.8 Good rated by 21k men | 3.8 Good rated by 14.2k men |
Job security | 4.1 Good | 4.0 Good | 3.7 Good | 3.7 Good |
ICICI Bank Salaries
Deputy Manager

Relationship Manager

Credit Manager

Product Manager

Senior Officer

Deputy Manager Grade 2

Deputy Branch Manager

Phone Banking Officer

Chief Manager

Branch Manager

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ICICI Bank News
Margins of banks to moderate in FY25 and FY26, to rebound in FY27: Report
- The Reserve Bank of India (RBI) has reduced the repo rate by 100 basis points since February 2025.
- Banks like ICICI Bank, DCB Bank, AU SFB, and Axis Bank may experience minimal impact on NIM compression, while HDFC Bank and SBI could see a moderate impact.
- IIB and Bandhan Bank are projected to face the highest impact due to shifts in their loan mix.
- Bank asset quality is on the rise, with stressed assets reducing across public and private sector banks.
- Credit costs are below the long-term average in FY25, indicating improved underwriting standards and effective asset resolution.
- Major stress events such as corporate NPA cycles and Covid-related surges in unsecured NPAs are diminishing.
- Some stress lingers in low-ticket unsecured loans, but early-stage microfinance stress is moderating.
- Credit card delinquencies are peaking, hinting at a potential ease in credit costs ahead.
- Home loan asset quality remains steady, with Public Sector Banks (PSBs) augmenting market share in new originations.
- Vehicle loan stress remains contained, showing stable metrics despite early bucket increases in FY25.
- Credit demand is estimated at 1.1 times nominal GDP growth, with credit growth in the sector expected to be around 11-12 per cent for FY26.
- A surge in unsecured retail loans is anticipated in the second half of FY26 due to reduced stress and improved borrower savings.
- Private banks are likely to recover lost market share in retail segments as credit risk diminishes.
- Published on June 25, 2025.

DreamFolks shares crash 10% as ICICI, Axis Bank look to move away from aggregator after service disruptions
- Major Indian banks and card networks are looking to establish direct partnerships with airport lounge operators, bypassing aggregator DreamFolks after a service disruption last year.
- DreamFolks faced a temporary disruption in services on September 22, impacting lounge access for banks and card network customers, leading to exploration of alternative options by the banks.
- Axis Bank, ICICI Bank, and Mastercard are leading the shift away from DreamFolks, with more banks expected to follow.
- DreamFolks commands 90% of the domestic lounge access market for debit and credit card holders in India.
- The disruption on September 22 resulted in the closure of 49 lounges across 34 airports, causing nationwide access issues.
- Operators like Adani threatened legal action, citing violation of service agreements by DreamFolks.
- DreamFolks clarified the disruption was temporary and stated full compliance with obligations post-resolution on September 23.
- Certain banks, including American Express, switched to Adani Digital post-disruption for lounge access.
- The disruption led airports to collaborate directly with banks for seamless services for passengers.
- Founded in 2013, DreamFolks is a listed airport services aggregator in India, offering various airport-related services and deriving significant revenue from airport lounges.
- For FY25, DreamFolks reported revenue growth but a decline in net profit. It aims to increase revenues from non-lounge services like food, spa, meet and greet.

Watch out for these stocks: Zee, PNB, ICICI Bank, Macrotech Developers, Biocon, Vishal Mega Mart, Bata, SIL, Marine Electrical
- Zee Entertainment plans to raise ₹2,237.44 crore through convertible warrants, increasing promoter shareholding to 18.4%.
- Tanla Platforms approves a ₹175 crore share buyback at ₹875 per share.
- RBI extends term of ICICI Bank executive director Sandeep Batra for two years.
- Macrotech Developers changes name to Lodha Developers following a trademark dispute.
- Jio BlackRock Mutual Fund introduces BlackRock's investment analytics platform Aladdin.
- Several companies bid for coal mines in the 12th round of commercial coal mine auction.
- Biocon opens Qualified Institutional Placement issue to raise ₹4,500 crore.
- Promoter entity of Vishal Mega Mart likely to sell a 10% equity stake through block deals.
- Reliance Industries sells 85 lakh shares of Asian Paints for ₹1,876 crore.
- Bata Group appoints Panos Mytaros as new Global CEO, succeeding Sandeep Kataria.
- SIL Investments board approves granting a ₹15 crore unsecured loan to Morton Foods Ltd.
- Marine Electricals receives a ₹5.71 crore order from Indian Navy for an Integrated Bridge System.
- Industry news reported on June 17, 2025.

RBI Approves Reappointment Of Sandeep Batra As ICICI Bank Executive Director
- The Reserve Bank of India has approved the reappointment of Sandeep Batra as the executive director of ICICI Bank Ltd. for a period of two years.
- Batra's reappointment is subject to approval from the company's shareholders as per an exchange filing on Monday.
- RBI also approved the reappointment of Rakesh Jha as the bank's executive director for a two-year period starting from Sept. 2, 2025.
- In May, RBI penalized ICICI Bank for non-compliance with regulations, imposing a penalty of Rs 97.8 lakh.
- ICICI Bank's shares closed 0.76% higher at Rs 1,426.90 apiece on the NSE, showing a 27.08% rise in the last 12 months and a 11.33% rise year-to-date.
- Of 53 analysts tracking ICICI Bank, 50 have a 'buy' rating on the stock, while three recommend 'hold', with an average price target implying a potential upside of 14.7%.

Stocks To Buy On June 13: Check Brijesh Ail's Top Stock Picks For Today
- Brijesh Ail shared his top stock picks for Friday the 13th, including Max Health, Voltas, and Eveready.
- The NSE Nifty 50 and BSE Sensex experienced a steep decline at market open following the Air India plane crash in Ahmedabad, with banking stocks like HDFC Bank Ltd., ICICI Bank Ltd., and State Bank of India leading losses.
- As of 12:40 p.m., Nifty 50 traded 0.79% lower at 24,692.60, and Sensex traded down by 0.79% at 81,050.47.
- Brijesh Ail recommended buying Max Health at Rs 1,200 per share with a target price of Rs 1,180 and a stop loss at Rs 1,265.
- For Voltas Ltd., Ail suggested buying at Rs 1,278 with a price target of Rs 1,330 and advised to book losses at Rs 1,260 per share.
- Ail also gave a 'buy' call for Eveready Industries India at Rs 326 per share with a target price of Rs 360 and a stop loss at Rs 312.
- Overall, Brijesh Ail's stock picks for the day are Max Health, Voltas, and Eveready.

Bangalore Airport In Talks To Raise About $1.1 Billion In Bonds
- Bangalore International Airport Ltd. is in talks to raise about $1.1 billion by issuing local currency bonds to refinance existing debt and fund expansion projects.
- The airport operator is in discussions with investors like State Bank of India, ICICI Bank, and Axis Bank.
- The proposed bonds could have a tenor of up to 15 years with an initially proposed coupon of 8.15%, subject to negotiations.
- India is focusing on airport development, with BIAL's airport in Bengaluru having the capacity to handle 51.5 million passengers annually.
- Indian airports are expected to spend over 600 billion rupees on capital expenditure between fiscal 2024 and 2027.
- The unlisted bonds from BIAL would not be common in India due to most primary bond sales being conducted through auctions on stock exchanges.
- ICRA rated BIAL with a triple-A grade considering its healthy improvement in operations scale.
- BIAL, partially owned by Fairfax Financial Holdings Ltd., declined to comment on the matter.
- Axis Bank, ICICI Bank, and State Bank of India did not immediately respond to requests for comments.
- The Reserve Bank of India slashing the benchmark rate by 50 basis points could influence the final coupon rate of the bonds.
- Terms for the bond issuance are not yet finalized.
- The fund-raising initiative aligns with India's airport development goals and growth priorities.
- The article does not qualify for web story generation due to its financial nature and lack of visually engaging elements.
- The news focuses on Bangalore Airport's bond issuance plans, investor discussions, and ratings considerations.
- ICRA's rating considers BIAL's operational growth and scale.
- The finance-related content and lack of visual elements may not be suitable for a web story.

ICICI Bank commits ₹550 crore to Tata Memorial Centre to expand cancer care in Visakhapatnam
- ICICI Bank is committing over ₹550 crore to fund the construction of a new facility at Tata Memorial Centre in Visakhapatnam dedicated to cancer care.
- The new state-of-the-art facility will span nearly 3.9 lakh square feet and be equipped with advanced medical technology.
- It will be an eight-storied building named ICICI Foundation Block for Child and Blood Cancer, expected to serve 3,000 patients annually, enhancing the center's capacity from 6,200 to 9,200 patients.
- The construction is set to be completed by 2027 and will include over 215 beds to accommodate patients.
- Pradeep Kumar Sinha, Chairman of ICICI Bank, expressed the bank's commitment to strengthening critical healthcare infrastructure by partnering with Tata Memorial Centre.
- ICICI Bank's Executive Director, Sandeep Batra, highlighted the bank's initial commitment of ₹1,200 crore to TMC and the additional ₹550 crore to meet the current needs, bringing the total commitment to ₹1,800 crore.
- Umesh Mahantshetty, Director of Homi Bhabha Cancer Hospital & Research Centre in Visakhapatnam, expressed gratitude to ICICI Foundation for their donation, emphasizing its significant impact on cancer treatment and research in the region.

Debt collection platform Credgenics’ profit triples to Rs 25 crore in FY25; revenue up 40%
- Debt collection platform Credgenics reported a profit tripling to Rs 25 crore in FY25, driven by the demand for efficient recovery mechanisms amid stress on unsecured loans and rising default rates.
- The company's revenue increased by 40% to Rs 220 crore in FY25 compared to the previous year, with a focus on reducing dependence on unsecured personal loan accounts.
- Credgenics offers a software-as-a-service platform for lenders to manage loan collections, automate processes, and enhance repayment facilitation.
- The company is working with public sector banks on technology-led collection solutions, capitalizing on new revenue streams.
- Credgenics collaborates with 160 clients, including private banks, NBFCs, fintechs, and asset reconstruction companies, with notable partners like HDFC Bank, ICICI Bank, and Reliance Asset Reconstruction.
- CEO Rishabh Goel emphasized leveraging technology to address the challenges of scaling loan books by enhancing collection efficiency.
- Credgenics aims for growth within existing accounts, expanding its PSB client base, and venturing into international markets like the Middle East.
- In 2023, the company secured $50 million in funding from investors, valuing Credgenics at $340 million.
- Competitors of Credgenics include SpoctoX, CreditNirvana, and Rezolv, employing data-driven models to predict borrower behavior and implement recovery strategies.

Prudential India Asset Manager Is Said To Near IPO Filing
- Prudential Plc’s Indian asset-management venture is close to filing preliminary documents with the local regulator for a proposed initial public offering that may fetch as much as 100 billion rupees ($1.2 billion).
- ICICI Prudential Asset Management Co.’s draft red herring prospectus is expected to be filed in the next three to four weeks.
- The company has hired 17 lead managers for the offering, potentially valuing the firm at about $12 billion.
- This IPO could be one of India's biggest this year, signaling a potential revival in the country's new-listings market, supported by a rally in Indian shares.
- ICICI Prudential is the country’s second-largest mutual fund manager by assets, a joint venture between UK-based Prudential and India’s ICICI Bank Ltd.
- Initially, ICICI Securities Ltd. and Citigroup Inc. were selected to arrange the listing; however, the asset manager has added 15 other banks, including Goldman Sachs Group Inc., JPMorgan Chase & Co., and Morgan Stanley.
- India's last billion-dollar IPO was Hexaware Technologies Ltd.’s in February.

MacBook Air M4 Price in India Falls Further
- MacBook Air M4 price in India has fallen further, now available for Rs 91,900 compared to the launch price of Rs 99,900.
- ICICI Bank card or Axis Bank cardholders can get a further discount of Rs 5,000, bringing the price down to Rs 86,900.
- Amazon is offering additional discounts and an exchange offer on the MacBook Air M4, making it a lucrative deal for users.
- While the MacBook Air M1 is available at a lower price, it is considered an outdated model suitable for basic tasks or specific user categories.


ICICI Bank Subsidiaries

ICICI Prudential Life Insurance

ICICI Lombard General Insurance Company

ICICI Securities

ICICI Home Finance

ICICI Direct

ICICI Foundation for Inclusive Growth
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