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ICICI Bank Reports Lowest Attrition Rate Among Pvt Peers in Last 3 Fiscals
Millennium Post Kolkata
|Kolkata 11August2025
ICICI Bank has reported the lowest employee attrition rate among large private sector lenders in the last three financial years, reflecting higher stickiness due to competitive remuneration and a better working environment.
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NEW DELHI:
During the last three financial years, the industry has also witnessed a sustained decline on a year-on-year basis.
The employee attrition rate at the country's second-largest private sector bank declined to 18 per cent in FY25 from 24.5 per cent in FY24, according to the bank's latest Business Responsibility and Sustainability Reporting (BRSR) report.
During 2022-23, the bank reported an attrition rate of 30.9 per cent, lower than its competitors.
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