Axis Bank joins India’s top private lenders to offer pay hikes

HDFC Bank Ltd., the country’s largest private lender by assets, boosted salaries in April based on performance and also paid bonuses, other people with knowledge of the matter said. ICICI Bank Ltd., the second-biggest privately-held lender, gave about 80% of its 100,000 employees a bonus and pay rise from July.

from Banking/Finance-Industry-Economic Times
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