"The board of directors of the bank at its meeting held today has constituted a search committee to identify a successor to Aditya Puri, th...

RBI is of the view that 70 years is a reasonable age for a private bank chiefs to retire.

Puri turns 70 next year and has been instrumental in getting the bank to its current stature as one of the most valued banks globally in te...

Uday Kotak’s salary has increased 11.02% to Rs 2.92 crore in the fiscal year ended March 2018, from Rs 2.63 crore in the year ended March 2...

When ESOPs are exercised, they are shown as part of the total compensation of the executive.

Median employee pay fell or remained almost the same last fiscal, while the ratio of the CEOs' pay to employees' pay remained astronomicall...

Former RBI governor Raghuram Rajan had said public-sector banks tended to overpay at the bottom but underpay their top executives.

While Bhattacharya took home Rs 28.96 L last fiscal, ICICI Bank MD Chanda Kochhar received a basic salary of Rs 2.66 cr besides Rs 2.2 cr p...

Out of the total remuneration of Rs 10.05 crore in the last financial year, Puri's gross salary accounted for little over Rs 9.5 crore.

Rajan recently said it is difficult to get top talent in public banks as they are prone to overpaying at the bottom & under-paying the top ...

However, this remains less than one-sixth of the average CEO salaries at the top listed companies in the US, which stood at close to Rs 130...

The bank is well positioned to continue to grow faster than the banking sector both in retail and wholesale segments, HDFC Bank said in its...

Some market watchers say much of the top management compensation package was decided in early part of the fiscal before RBI's AQR kicked in.

Mukesh Ambani has not taken a pay hike for seven years, but his salary is over 205-times that of the median remuneration at RIL.

Hundreds of listed companies regulated by SEBI may be paying crores of rupee in a year as salary to their CEOs, but the next chief of the m...

Unless salaries are raised, PSU banks can't attract talent, says the Reserve Bank of India Governor Duvvuri Subbarao.

In an irony of sorts, RBI gets to approve salaries of all the top-level bankers in the country, but the central bank's top officials themse...