Anup Bagchi set to become India's highest-paid bank CEO, may earn Rs 35.9 crore a year
HDFC Bank has proposed a substantial annual remuneration package of ₹35.9 crore for Anup Bagchi, subject to shareholder approval.
This package would include a fixed pay component and performance-linked variable compensation, along with a one-time joining bonus.
Bagchi’s proposed compensation significantly exceeds that of outgoing CEO Sashidhar Jagdishan and other banking peers.
The company's shareholders will vote on this proposal through a postal ballot until November 6.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
