IndusInd Bank may put former execs in the dock, claw back bonusesThe Reserve Bank of India's (RBI) November 2019 guidelines on the compensation of key managerial personnel direct banks to establish a claw...
IndusInd Bank looks to claw back salary, bonuses of former top officials, sources sayIndusInd Bank has initiated a process to recover salary and bonuses from its former CEO Sumant Kathpalia and deputy CEO Arun Khurana after ...
Are you on the list? Trump’s policy change poised to hit social security payments for 2 million AmericansTrump Social Security policy change is set to affect nearly 2 million Americans, and many don't even know it yet. If you're receiving Socia...
BPSL creditors face big clawback after SC rejection of planThe Supreme Court overturned JSW Steel's acquisition of Bhushan Power & Steel, potentially requiring creditors like Deutsche Bank and SBI t...
BharatPe files arbitration to claw back Ashneer Grover's 1.4% sharesThe action is against Ashneer Grover’s unvested shares (1.4%). Grover holds roughly 8.5% stake in BharatPe, which includes non-vested share...
Rs two lakh crore 'avoidance transaction' claims pending with NCLTsUnder the code, resolution professionals have powers to reverse any transaction entered by the debtor company before the IBC is invoked if ...
Yes Bank recalls bonus to former MD Rana KapoorRana Kapoor's term was cut short by the Reserve Bank of India in October last year
IL&FS may ask ex-directors to pay upThe board may invoke clawback option for bonus and benefits, file charges for fraud.
The tool errant India Inc managers have come to fear, for good reasonBonus clawback looks set to become one of the top trending topics in India's corporate corridors.
Bonus clawback plan for IL&FS executivesThe govt is looking to claw back bonuses and other benefits that accrued to ousted top execs of IL&FS Group.
RBI suggests major changes to top bank executives' pay structureBanks are required to put in place appropriate modalities to incorporate malus/ clawback mechanism in respect of variable pay.
Soon banks will take back hefty payouts from errant CEOsThe 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...
Companies ensure payback if execs flout normsClawback clauses are in the spotlight after Chanda Kochhar was asked to repay bonuses after her sacking.
How Softbank's massive vision fund shares profits - and lossesSoftBank has set up an unusual compensation structure for the fund that includes a $5 billion loan to employees.
- 14% of global banks 'clawed back' compensation in 2011: Mercer survey
A Mercer survey shows that 14% of global banking organizations have 'clawed back' compensation payments made to employees.
- New agents to service policies of drop-out policy issuers
Policyholders whose agents have dropped out of the profession can look forward to their policies being serviced by new agents.
- PEs include carrot & stick in investments
In order to keep a tight leash on their investments, private equity players are resorting to the carrot and stick approach.