The hike of up to 8 per cent is for the fiscal year 2020-21 and applicable from July onwards, the sources said. An e-mail sent to the bank did not elicit any response. The sources said these employees are from M1 and grades below, who are frontline staff mostly in customer-facing roles. They ensure the functioning of branches and other operations of the bank.source https://economictimes.indiatimes.com/industry/banking/finance/banking/icici-bank-to-reward-80k-employees-with-up-to-8-pay-hike-for-work-done-during-covid-19/articleshow/76836148.cms
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