BusinessAnup Bagchi to Become India's Highest-Paid Bank CEO at HDFC
Anup Bagchi will become the highest-paid bank CEO in India when he takes charge of HDFC Bank at the end of October. His proposed annual pay package is about $3.7 million (Rs 43 crore), including a fixed salary of Rs 8.9 crore and a performance-based payout up to Rs 26.9 crore. He will also receive a one-time joining bonus of Rs 7.35 crore in stock options.
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