ICICI LEGAL Notice to HDFC Bank Officials

MUMBAI: India’s second-largest lender, ICICI Bank, has shot off a legal notice to a senior official of HDFC Bank, for airing views on ICICI in a business magazine. Mandeep Maitra, the officer in question, who is the head of human resources at HDFC Bank, told the magazine that she was careful in hiring people from ICICI Bank simply because she did not want the “ICICI culture” to seep into the bank she works for.

The contents of the story say that in each one of the past three years HDFC Bank had attracted around 900 officials from ICICI Bank.

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