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    MOHAN VAMSI SANAPALA
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    HDFC Bank's total income grew from Rs. 95,461.66 crore in 2017-18 to Rs. 1,38,073.47 crore in 2019-20, while its payments to employees increased from Rs. 6,805.74 crore to Rs. 9,525.67 crore over the same period. HDFC Bank's salary costs remained at 7% of its overall revenue for all three years. Axis Bank and ICICI Bank also saw increases in total income and payments to employees from 2017-18 to 2019-20, although ICICI Bank's salary costs decreased from 11% to 6% of its overall revenue.

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    HDFC Bank's total income grew from Rs. 95,461.66 crore in 2017-18 to Rs. 1,38,073.47 crore in 2019-20, while its payments to employees increased from Rs. 6,805.74 crore to Rs. 9,525.67 crore over the same period. HDFC Bank's salary costs remained at 7% of its overall revenue for all three years. Axis Bank and ICICI Bank also saw increases in total income and payments to employees from 2017-18 to 2019-20, although ICICI Bank's salary costs decreased from 11% to 6% of its overall revenue.

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    21 views1 page

    N85 PDF

    Uploaded by

    MOHAN VAMSI SANAPALA
    HDFC Bank's total income grew from Rs. 95,461.66 crore in 2017-18 to Rs. 1,38,073.47 crore in 2019-20, while its payments to employees increased from Rs. 6,805.74 crore to Rs. 9,525.67 crore over the same period. HDFC Bank's salary costs remained at 7% of its overall revenue for all three years. Axis Bank and ICICI Bank also saw increases in total income and payments to employees from 2017-18 to 2019-20, although ICICI Bank's salary costs decreased from 11% to 6% of its overall revenue.

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    of 1

    Banking Sector 2017-18 2018-19 2019-20

    Total Income 95,461.66 1,16,597.94 1,38,073.47


    HDFC
    Bank Payments to and Provisions for Employees 6,805.74 7,761.76 9,525.67
    Salary Costs/Overall revenue 7% 7% 7%
    Total Income 56,747.40 68,116.11 78,171.72
    Axis Bank Payments to and Provisions for Employees 4,312.96 4,747.32 5,321.00
    Salary Costs/Overall revenue 8% 7% 7%
    Total Income 72,385.52 77,913.36 91,246.94
    ICICI
    Bank Payments to and Provisions for Employees 8,271.24 6,808.24 5,913.95
    Salary Costs/Overall revenue 11% 9% 6%

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