ICICI Bank Targets Single Digit Attrition

MUMBAI: India''s largest private lender ICICI Bank is targeting to reach single digit attrition rate even as it continues to recruit 20,000-30,000 people every year. The attrition in financial services group of the bank is 15-18 per cent also, getting the right skill sets and the right people to do the job is a challenge. To deal with dearth of trained manpower, the bank has decided to increase the pool of people with the right skill sets. They have provided our six-month training module for the curricula of NIIT, Manipal University and ICFAI and now they are in talks with various management institutions to include it in the first degree itself. The talent pool created is not exclusive only to ICICI Bank but are available to all. This year too ICICI Bank mulls to directly employ 20,000-30,000 people for its three backoffice hubs in Bhubhaneshwar, Hyderabad and Ahmedabad.

Source : www.indian-commodity.com