Anup Bagchi May Become India's Highest-Paid Bank CEO
HDFC Bank has proposed an annual remuneration of ₹35.9 crore for Anup Bagchi, pending shareholder approval. The package includes fixed pay, performance-linked variable compensation, and a one-time joining bonus. This offer surpasses the pay of outgoing CEO Sashidhar Jagdishan and other banking peers. Shareholders will vote on the proposal via postal ballot until November 6.
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