Raghuram Rajan, Aditya Puri, Shikha Sharma: Who earns what?

Governor-in-waiting Urjit Patel, take note. Outgoing colleague Raghuram Rajan in a recent forum said that it is difficult to get top-level talent in public sector banks as they are prone to overpaying at the bottom and under-paying the top brass. He added that even he feels “under-paid”. In case, this too needs to be put on the new agenda, here’s a ready reckoner, with a detailed break-up, of the country’s leading public-sector bankers vs private bankers in terms of the money they earn.

Raghuram Rajan (governor, Reserve Bank of India)
Remuneration (as per reports in July 2015)
Per year
Rs 23.84 lakh
Per month
Rs 1.98 lakh
Per day
Rs 6,600
Per hour
Rs 275
Per minute
Rs 4.58
Per second
Rs 0.076


Raghuram Rajan (Image: PTI)

Arundhati Bhattacharya (chairperson, State Bank of India)
Remuneration (for fiscal 2015-16)
Per year
Rs 31.1 lakh
Per month
Rs 2.59 lakh
Per day
Rs 8,633
Per hour
Rs 360
Per minute
Rs 6
Per second
Rs 0.01


SBI's Arundhati Bhattacharya (Image: PTI)

Aditya Puri (managing director, HDFC)
Remuneration (for fiscal 2015-16)
Per year
Rs 9.7 crore
Per month
Rs 80.83 lakh
Per day
Rs 2.69 lakh
Per hour
Rs 11,208
Per minute
Rs 186.8
Per second
Rs 3.11


HDFC's Aditya Puri (Image: BCCL)

Chanda Kochhar (CEO, ICICI)
Remuneration (for fiscal 2015-16)
Per year
Rs 4.76 crore
Per month
Rs 39.6 lakh
Per day
Rs 1.32 lakh
Per hour
Rs 5,500
Per minute
Rs 91.66
Per second
Rs 1.527


ICICI's Chanda Kochhar (Image: BCCL)

Shikha Sharma (CEO, Axis Bank)
Remuneration (for fiscal 2015-16)
Per year
Rs 5.5 crore
Per month
Rs 45.8 lakh
Per day
Rs 1.52 lakh
Per hour
Rs 6,333
Per minute
Rs 105.5
Per second
Rs 1.759


Axis Bank's Shikha Sharma (Image: BCCL)

*All figures are reported approximations. Figures do not include stock options and bonuses. Also Pf/Gratuity payments appear unclear in some cases.