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India's largest private bank is bigger than it has ever been. It is also cheaper than it has been in years. On 27 October, Anup Bagchi takes charge with a simple-sounding brief: make the scale pay.
HDFC Bank has proposed an annual compensation package of up to Rs 35.90 crore for Anup Bagchi. This remuneration could increase to Rs 43.24 crore with performance-based stock bonuses. Bagchi
HDFC Bank has proposed Rs 35.89 crore in annual compensation for Anup Bagchi for the 2026-27 performance year, compared with Rs 28.65 crore received by Sashidhar Jagdishan in FY26.