CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is the highest paid bank chief executive in India for the FY19?
A
Sandeep Bakhshi
B
Uday Kotak
C
Aditya Puri
D
Amitabh Chaudhry
Explanation: 

Detailed explanation-1: -Axis’ Amitabh Chaudhry the highest paid among bank CEOs Kaizad Bharucha, executive director of HDFC Bank, emerged the highest earning banker for 2021-22 (FY22). This was revealed in a remuneration assessment of the country’s top bankers, according to annual reports.

Detailed explanation-2: -Highest salary that a Managing Director & CEO can earn is ₹800.0 Lakhs per year (₹66.7L per month).

Detailed explanation-3: -Amitabh Chaudhry of Axis Bank was the highest paid managing director and chief executive officer among bankers in fiscal 2022, according to reports. Chaudhry received a total remuneration of Rs 7.63 crore in FY22, including Rs 89 lakh was variable pay.

Detailed explanation-4: -On a consolidated basis, the salary of the top five public sector bank leaders in FY22, excluding Punjab National Bank, ranged between Rs 34 lakh and Rs 40 lakh.

There is 1 question to complete.