ICICI Bank Reviews in Mumbai, India Area

Pros

Great place to learn; conducive environment for trying new & innovative things; excellent access to senior management; good work environment;

Cons

not the best of HR practices adopted; gets too competitive at times; some hasty decision making by the senior management in the past

Advice to Senior Management

Improve upon the HR practices; Reduce the number of layers - thereby making is adequately competitive environment for work; don't change the middle-senior management so frequently - there is no accountability

Pros

You will get a Good Brand Name of Indian Banking Industry, exposure may be good provided you get the profile suitable to your area of interest.

Cons

My comments are mostly suitable for fresh MBA and/or Chartered Accountants: Mostly, At the time of recruitment, HR does not provide the role as per the capabilities/interest of the candidate. JD is never informed to the prospective candidate before joining. In ICICI Bank, being a big organisation, you will get to do only a very small part of the entire process/activities. It gives more emphasis on specialization in a specific area so nobody knows the complete banking unlike their peers who are working in Banks specially in Public Sector Banks.

Advice to Senior Management

Recruitment process specially pertaining to Job Profile and Compensation should be more transparent. At the initial stage, it should provide exposure in all fields of banking so that a person may choose a career most suitable to his/her capabilities. It will provide job satisfaction to employees. Further, the annual performance review is very subjective and not transparent. It has to be improved a lot.

Pros

Exposure, industry best practices, open culture, learning opportunity

Cons

brand is somewhat less recognized globally

Advice to Senior Management

Compensation should be at par with the global leading banks, internal processes should be more streamlined.

Pros

loads of work
indepth analysis
great brand value
 plenty of opportunities to learn

Cons

monotony
average pay
long work hours

Advice to Senior Management

no

Pros

ICICI Bank provides loads of opportunities for learning. Not only there are in-house and external training programs but there is also immense on the job learning.
So if you are an entry level candidate looking for exposure to the Banking Industry, a good place to start your career.

Cons

There are limited growth opportunities once you have spent 2-3 yrs in the organization.Also the culture is not entirely professional,makes you feel you are working in a social club.

Advice to Senior Management

Set the work culture right.There is lot of negativism and bad-mouthing by employees which is hurting the reputation.

Pros

it gives a good chance to gain experience in the banking industry. Also it is a reputed bank in india today.

Cons

icici bank is a very good place to work with. however, the working hours one has to put is is a bit tough.

Advice to Senior Management

no advice to management as they are doing quite a good job however just would like to draw attention on the working hours.

Pros

Good exposure to work and freedom of work

Cons

Not a paymaster. Long working hours

Advice to Senior Management

Understand your people. Brown nosing is just a tactic not a skill to be taken to the next level in any organisation

Pros

Good exposure
regular upadtion of technology

Cons

Work culture is not so good

Advice to Senior Management

improve work culture and provide good salary

Pros

1. Very aggressive Bank in terms of adopting the best practices, technology and takng business for a young entrant a very good opportunity to learn and grow
2. Extreme work pressures makes one to learn to respond quickly and efficiently and absorb pressure a trait useful for the future
3. Senior management backing for new initiatves
4. Fairly transperant Performance Appraisal system
5. Open to changes in department for employees, allowing employees to grow

Cons

1. Very poor balance between persnal and professional life, very good for young graduates. Family people especially women will find it tough to manage work and family.
2. Very high attrition rates due to constant work pressure, not suitable for slow movers. Good only if one is equally aggressive

Advice to Senior Management

Re-introduce the concept of Off-site group trainings, it is a very good opportunity to know other colleagues in the Bank

Pros

need only to sell product, brand awareness is high, very strong in systems, minimum paperwork, good training opportunities, opportunities given to do different things other than the regular job. Excellent place to learn marketing and strategy.

Cons

Unearthly working hours usual. Less involvement from HR regarding welfare of employees, some established managers tend to push down people who don't perform instead of hand holding them, demotions in roles very common, even if you are a good performer.

Advice to Senior Management

Care more for your employees, they are more than just another email id! Find ways to understand what's happening on the field, its very different from whatever impression you have!