Pros
1. They will pay you far beyond your expectations. 2. Very good brand value. 3. No variable pay, work from home, cab facility, very good yearly bonus etc. 4. Occasional training on new technologies will help you upgrade your skills. 5. Supportive leadership team (ED level) .
Cons
1. They will say that they care about work-life balance but u will find yourself working late nights very frequently. 2. All they will care about is work and delivery. Very high process oriented, just a line of change will take u 20 days to push to higher environments. And this processes will make u mad everyday. 3. They will just fire you if you do a mistake with out giving u a second chance to prove yourself. 4. Apart from occasional training, most of the projects (at least 75%) are very old and have very less scope to apply ur knowledge. It is a bank, they don't care about technology and technical people, all they care about is money. 5. Apart from leadership team, most of the management team (VP level) are very little techies and wont listen to ur suggestions for improvements in technology or processes. 6. If you don't want to saturate ur technical skills and want to grow technically, don't join an Investment Bank. 7. After all boot-licking will get u to top level position in no-time.