HDFC Bank’s managing director, Aditya Puri, continues to remain the highest paid banking chief in the country, despite taking a lower increment than some counterparts during 2012-13. Puri has been leading the country’s second largest private bank since 1994. He earned Rs 5.02 crore in FY13, 2.4 per cent more from a year earlier.
ICICI Bank’s managing director and chief executive, Chanda Kochhar, earned Rs 4.1 crore. Axis Bank’s MD & CEO, Shikha Sharma, received Rs 3.41 crore. Kochhar got 8.7 per cent more pay and Sharma’s income increased by 14 per cent in 2012-13.
The remunerations mentioned included basic pay, performance bonus, allowance and perquisites, plus retirement benefits such as contribution to provident fund, gratuity and superannuation fund. Typically, the performance bonus accrued during a financial year is paid in the next year.
Read more >>Click here
No comments :
Post a Comment