ICICI Bank

www.icicibank.com

ICICI Bank Reviews in Mumbai, India

Updated January 28, 2015
Updated January 28, 2015
832 Reviews
3.2
832 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
ICICI Bank Managing Director and CEO Chanda D. Kochhar
Chanda D. Kochhar
564 Ratings

Review Highlights

Pros
  • Best place to learn corpora work style (in 19 reviews)

  • Opportunity to learn by doing and not just by reading (in 18 reviews)


Cons
  • Workload (mis)management ; Dismissive of work-life balance concept (in 83 reviews)

  • Long working hours hence no life work balance (in 74 reviews)

More Highlights

201 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    An excellent introduction to the world of banking

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Management Trainee in Mumbai (India)
    Former Employee - Management Trainee in Mumbai (India)

    I worked at ICICI Bank

    Pros

    As a management trainee in the legal team of the bank I had an excellent experience here.

    - Great work life balance
    - Very helpful and reasonable seniors
    - Opportunity to learn new skill sets
    - Leading transactions within few months of joining

    Cons

    - Experience greatly varies across teams, some bosses are downright narcissistic
    - Location of the office can be a little better
    - Being a control group, you never feel like you are part of the core functioning of the organization
    - Rating and review systems are opaque and may not reflect your true output

    Advice to ManagementAdvice

    - Kindly improve catering in many of your towers across Mumbai. Not everyone is working in BKC.
    - Ratings system requires an overhaul. Goalsheets are perfunctory; instead they ought to be the keystone of any further reviews.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Stagnant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Mumbai (India)
    Former Employee - Manager in Mumbai (India)

    I worked at ICICI Bank full-time (more than 3 years)

    Pros

    First attempt CA gets good preference in compensation

    Cons

    Poor variable compensation.
    Stagnant if you are working in operations team
    Seniors are not good towards employees.
    Unnecessarily to sit in office for long hours in operations teams.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3.  

    Smart work pays

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Relationships Manager in Mumbai (India)
    Former Employee - Relationships Manager in Mumbai (India)

    I worked at ICICI Bank

    Pros

    Great learning experience, involvement with seniors in discussions, leadership is encouraged, some of the assignments had been very innovative.

    Cons

    No work life balance at all. For good performance reviews, it is important that your boss likes you.

    Advice to ManagementAdvice

    Work life balance needs to be paid attention to. Sitting long hours is encouraged and pressured - not good.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    overall good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Junior Officer in Mumbai (India)
    Current Employee - Junior Officer in Mumbai (India)

    I have been working at ICICI Bank full-time (more than a year)

    Pros

    it a good place to work with

    Cons

    none to pen down right now

    Advice to ManagementAdvice

    none

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Great place to learn but horrible organizational

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Mumbai (India)
    Former Employee - Manager in Mumbai (India)

    I worked at ICICI Bank full-time (more than 3 years)

    Pros

    You are allowed to do new things if you want to. And given that organisation is fairly big you get to see big picture.

    Cons

    However hard you work your yearly rating and salary is a function of how well you manage perception and politics. HR treats you like a dog.. and your life can be made miserable by your senior and middle level managers who are below mediocre level. ICICI has a huge baggage of very poor and mediocre (current mid managers are the ones who could not find any job ...While the better ones left for better money in foreign banks).

    Advice to ManagementAdvice

    Treat people well ... They are not dogs.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  7.  

    Not employee friendly

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Wealth Manager in Mumbai (India)
    Former Employee - Wealth Manager in Mumbai (India)

    I worked at ICICI Bank

    Pros

    Big brand name - other banks/financial companies look for employees of ICICI
    Training program
    Infrastructure
    Perks
    staff Support

    Cons

    Pushy, abusing seniors
    Though they have a policy of not removing employees but bosses force employees to leave job
    HR collaborate with bosses to threaten employees

    Advice to ManagementAdvice

    work-life balance
    need to change work culture
    do give some freedom to emplyees as well

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8.  

    Better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Team Leader in Mumbai (India)
    Current Employee - Team Leader in Mumbai (India)

    I have been working at ICICI Bank as a contractor (more than a year)

    Pros

    Getting promotions for better performance

    Cons

    No Incentives for Off roll employees

    Advice to ManagementAdvice

    NA

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    Very ambitious company. Need to be always on your feet

    • Comp & Benefits
    • Culture & Values
    Former Employee - Wealth Manager in Mumbai (India)
    Former Employee - Wealth Manager in Mumbai (India)

    I worked at ICICI Bank full-time (less than a year)

    Pros

    (Wealth team) Ambitious and very supportive management and team members. Surviving one year with the team will boost your learning curve as one is given all the opportunity and exposure. One has to be very innovative in his approach keeping in mind your limitations.

    Cons

    Meeting their demands at time can be very challenging. Getting work done from different functions can put you in a war zone

    Advice to ManagementAdvice

    Keep going at this rate you will be the one of the top players, but you may also have to hear what your employees are saying

    Approves of CEO
  10.  

    Good Processes for employees and clients...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Manager II in Mumbai (India)
    Former Employee - Assistant Manager II in Mumbai (India)

    I worked at ICICI Bank full-time (more than 3 years)

    Pros

    Good Processes for employees and clients...

    Cons

    Tough to get relocation on sound reasons also

    Advice to ManagementAdvice

    Be flexible for relocation options...
    Make good retention policies...
    Open the gate for re-joinees for left out employees...

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Amazing Learning experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Manager in Mumbai (India)
    Former Employee - Assistant Manager in Mumbai (India)

    I worked at ICICI Bank full-time (more than a year)

    Pros

    Best place to learn corpora work style
    Flexibility in switching roles

    Cons

    no location flexibility
    lot of politicos
    less pay for junior management
    lot of friction between technology and business team

    Recommends
    Positive Outlook
    Approves of CEO

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