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Anup Bagchi’s proposed pay package of up to Rs 43.24 crore in his first year puts him ahead of other top private-sector bank chiefs.
HDFC Bank, India’s largest private-sector lender, is about to change its leader, and the new CEO’s proposed pay is already making headlines.
💰 HDFC Bank’s incoming CEO Anup Bagchi is set for annualised compensation of ₹35.9 crore. 📊 The package includes ₹26.92 crore in variable pay and share-linked incentives, making him India’s highest-paid bank CEO. ✍️ Ritu Singh and Sheersh Kapoor report on Bagchi’s compensation. 🔗 https://lnkd.in/gGdJrxsS #HDFCBank…