ICICI Bank chief Chanda Kochhar grows richer by 12%
Advertisement
Advertisement
Advertisement
ICICI Bank's profit rose 14 per cent to Rs 11,175 crore for the year ended March 2015 from Rs 9,810 crore a year earlier. Earnings at Axis BankBSE 1.75 % and HDFC BankBSE 2.12 % increased 18.33 per cent and 20.49 per cent, respectively, in the same period.
The board maintained the minimum and maximum ranges of remuneration and supplementary allowances for Kochhar and executives at 2013 levels. The minimum and maximum range of monthly supplementary allowance for Kochhar was Rs 10-18 lakh.
The pay hikes of other directors ranged from 11 per cent to 16 per cent. NS Kannan, the
As published in ET.
Advertisement
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- India not benefiting from democratic dividend; young have a Kohli mentality, says Raghuram Rajan
- Indo-Gangetic Plains, home to half the Indian population, to soon become hotspot of extreme climate events: study
- 7 Vegetables you shouldn’t peel before eating to get the most nutrients
- Gut check: 10 High-fiber foods to add to your diet to support digestive balance
- 10 Foods that can harm Your bone and joint health
- 6 Lesser-known places to visit near Mussoorie