Axis Bank Ltd.

Axis Bank has decided to increase its headcount in the next financial year by 10 per cent, after going slow on hiring for two years. The country's third largest private sector lender had increased its headcount to 42,420 from 21,640 at the end of March 2010. But in 2014-15, the number of employees fell, even as the bank increased the number of branches from 2,402 to 2,589.

Between March 2014-2015, the headcount at Axis Bank fell by 190 from 42,420 to 42,230. At the end of December 2015, the bank had an employee base of 47,876.