Country's largest private lender ICICI Bank will recruit up to 6,000 people this fiscal to help its business growth and expansion, bank Managing Director and Chief Executive Chanda Kochhar said here on Friday.

“Our business is growing between 18 and 20 per cent and we are also adding branches...we would hire between five thousand and six thousand people in our workforce,” Ms. Kochhar told reporters.

Most recruitments would be at the entry level and would be done either directly or through institutes training graduates in banking and insurance where the bank had tie-ups, she said.

Asked about the Banking Ombudsmen's recent suggestion to ban pre-payments charges on floating rate loans and how ICICI Bank would be gearing up for it, Ms. Kochhar said, “I think it is a recommendatory discussion about action points. So we should wait for the clarifications to emerge.”

HUL to hire over 1,000 people

FMCG major Hindustan Unilever will hire about 1,050 people each year in the next two to three years.

“We routinely recruit about 40-50 management trainees from management schools and technical schools for our managerial ranks, those are the numbers that will continue for the next two-three years.

“We recruit 700-1,000 people in our factories and the people who sell for us and that is the same number that will stay,” company Executive Director Human Resources Leena Nair told reporters on the sidelines of an event here.

She added that there was no change in their hiring strategy and the company might hire 20 of the managerial rank recruits in sales and marketing, and the rest distributed across all functions.

When asked about pay hikes, she said, “there is no change in the pay package from us this year, but we are one of the good paymasters at the campus and we will continue to do that.”

On attrition levels in the industry, she said, “attrition rates across industry are high. In fact, in most industries it is in strong double digits. I certainly see that as a challenge that HR persons have to contend with.”

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