Facebook Pixel Axis Bank FY26 attrition rate down to 22.4%; employee count drops 3% | Business Standard - newspaper - Read this story on Magzter.com

Try GOLD - Free

Axis Bank FY26 attrition rate down to 22.4%; employee count drops 3%

Business Standard

|

June 30, 2026

The attrition rate in Axis Bank was down to 22.4 per cent in financial year 2025-26 (FY26) from 25.5 per cent in FY25, even as the employee count of the lender dropped 3 per cent yearon-year (Y-o-Y) to 101,337 in FY26 from 104,453 employees in the previous year.

- AATHIRA VARIER

The staff cost was mildly up at 12,266 crore in FY26 as compared to 12,193 crore in FY25. The median remuneration of employees of the bank increased by 1.65 per cent in FY26, as compared to FY25.

During FY26, the bank accelerated its talent engine to support evolving business lines, making a total of 31,665 new hires.

MORE STORIES FROM Business Standard

Business Standard

India embraces quick commerce

Kirana shops have been a hardy tribe, thriving and growing despite challenges from new retail formats since 1991.

time to read

3 mins

June 30, 2026

Business Standard

China's long-playing geopolitical conception

Xi Jinping's call for the \"rejuvenation of the Chinese nation\" is the central pillar of Chinese domestic and foreign policy.

time to read

3 mins

June 30, 2026

Business Standard

Al's hidden footprint

Ambitions must be matched by resource planning

time to read

2 mins

June 30, 2026

Business Standard

Business Standard

When regulators write criminal laws

The Securities Markets Code Bill assures delegation of procedure and detail, but also permits delegation of criminalisation.

time to read

4 mins

June 30, 2026

Business Standard

Rational regulation

India's battery-recycling norms must evolve with technology.

time to read

2 mins

June 30, 2026

Business Standard

'AI can turn data blind spots into false certainty'

The growing use of artificial intelligence (AI) in official statistics carries the risk of models faithfully reproducing biases and gaps in their training data and could \"lend false confidence\" to the very blind spots that the system intends to remove, cautioned Principal Secretary to the Prime Minister PKMishra on Monday.

time to read

2 mins

June 30, 2026

Business Standard

Serentica Renewables to invest 1 trn in Rajasthan

Serentica Renewables on Monday said it will invest ₹1 trillion in clean energy in Rajasthan, with over 10,000 crore already deployed.

time to read

1 min

June 30, 2026

Business Standard

Mospi makes a case for harmonised data ecosystem

India has reached an inflexion point where the next leap in governance would come from connecting administrative records that currently sit in isolated departmental silos into a fully harmonised, citizen-centric data ecosystem, said Saurabh Garg, secretary, Ministry of Statistics and Programme Implementation (Mospi), on Monday.

time to read

2 mins

June 30, 2026

Business Standard

Business Standard

Musical chairs? Axis, Bandhan Bank CFOs quit within an hour

The closing business hours of the last Monday of the first quarter of 2026-27, turned out to be frenetic for India’s largest private banks.

time to read

1 mins

June 30, 2026

Business Standard

Axis Bank FY26 attrition rate down to 22.4%; employee count drops 3%

The attrition rate in Axis Bank was down to 22.4 per cent in financial year 2025-26 (FY26) from 25.5 per cent in FY25, even as the employee count of the lender dropped 3 per cent yearon-year (Y-o-Y) to 101,337 in FY26 from 104,453 employees in the previous year.

time to read

1 min

June 30, 2026

Listen

Translate

Share

-
+

Change font size