Core+Employee+ICICI Bank Limited+2021+Discussion

pg. 128

"Salary cost increased primarily due to annual increments and promotions and an increase in average staff strength by 7.1% from 94,480 in fiscal 2021 to 101,233 in fiscal 2022 (number of employees at March 31, 2021: 98,750 and at March 31, 2022: 105,844)."