Karur Vysya Bank Legal & Regulatory Department Salaries in Karur

Likes

I worked there as a legal officer, I performed all type of legal works. It's not specific to anywork, hence able to get knowledge of every thing in short span of time.

Dislikes

...t and not transparent HR policies. After 2018 they are not recruiting under IBA. CTC and IBA pay scale have huge monetory difference. CTC ppl do not have union. Quarterly self appraisal is of no good than a headache. No transparent for yearly increment policy, promotion policy etc. Further your promotion will be mostly based on your background than your work. It is mandatory to sit till 8-9 p.m in the office regardless of completion of your work.

Likes

The people and the work culture. It’s very smooth.

Dislikes

As I was a CTC employee my package was 4.5LPA, which is not at all feasible for a legal professional. Though I have got my division to 1st rank all over India in customer complaint Redressal, no acknowledgement was given for that. Also there was an appraisal of only 3%. Which is hugely disappointing.

Likes

A good old gen banking company. We can learn a lot more about banking legal matters.

Dislikes

Salary and benefits should be increases, that's a big concern. Peer companies are offering more. Yet another matter is company culture should be changed from manager servant level to manager and sub ordinate employee level. That means , some managers still follows the old Indian Sir Servant culture That should be changed.

Likes

Good culture..like a govt bank.. work well..no problem.. only problem is HR policies..no transpelarency and even hr people don't know about the policies..

Dislikes

Discrimination in pay between IBA Norms employees and CTC employees

Likes

The very thought entering your head about joining KVB, indicate your dasha change to Shani. No place to sit, no travel allowance, no incentives, arguments and fights with IBA old employees, back stabbing politics. They don't have money to move the newly formed channels.. Most of the channels are closed within few months.. Don't risk your career.. Escape my dear.

Dislikes

...organization, internal politics. Performance and hardwork won't help you even.. IBA employees with IBA salary don't want CTC employees with low salary to work in this organization.. That's the main issue for everything