IndusInd Bank has initiated a process to recover salary and bonuses from its former CEO Sumant Kathpalia and deputy CEO Arun Khurana after ...

Switzerland's government said on Tuesday that Credit Suisse was ordered to "temporarily" suspend "already granted but deferred variable rem...

RBI said that at higher levels of responsibility, the proportion of variable pay should be higher.

Rana Kapoor's term was cut short by the Reserve Bank of India in October last year

The board may invoke clawback option for bonus and benefits, file charges for fraud.

Bonus clawback looks set to become one of the top trending topics in India's corporate corridors.

The govt is looking to claw back bonuses and other benefits that accrued to ousted top execs of IL&FS Group.

Banks are required to put in place appropriate modalities to incorporate malus/ clawback mechanism in respect of variable pay.

The RBI is working on a set of rules that would link banks CEOs' remuneration to parameters like balance sheet size of a bank, loan delinqu...

Clawback clauses are in the spotlight after Chanda Kochhar was asked to repay bonuses after her sacking.

Justice Srikrishna panel indicted Chanda Kochhar and found her in violation of the bank's code of conduct.

SoftBank has set up an unusual compensation structure for the fund that includes a $5 billion loan to employees.

A Mercer survey shows that 14% of global banking organizations have 'clawed back' compensation payments made to employees.

The guidelines do not prescribe any quantitative limit on absolute pay, but deal with the structure of pay which in the past favoured exces...

Board members have taken home several crores while senior & mid-level managers have earned bonuses up to Rs 40 lakh and Rs 20 lakh respecti...

Boards of some Indian cos are drawing up tough new rules that will strip CEOs and senior management of a portion of their assured bonus & l...

Most of the people who said they were unhappy with their bonus, 89%, had five years or less experience, the survey found.