📰 ET Markets ⚪ NEUTRAL 🕒 09 Oct 2026, 05:57 AM IST

Anup Bagchi set to become India's highest-paid bank CEO, may earn Rs 35.9 crore a year

⚡ Instant Key Takeaways (TL;DR)

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Core Development: Anup Bagchi set to become India's highest-paid bank CEO, may earn Rs 35.9 crore a year

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Market & Financial Impact: HDFC Bank has proposed a substantial annual remuneration package of ₹35.9 crore for Anup Bagchi, subject to shareholder approval. This package would include a fixed pay component and performance-linked variable compensation, along with a one-time joining bonus. Bagchi’s proposed compensation significantly exceeds that of outgoing CEO Sashidhar Jagdishan and other banking peers. The company's shareholders will vote on this proposal through a postal ballot until November 6.

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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

India's largest private sector lender has also approved an additional one-time joining bonus worth ₹7.35 crore in stock-linked incentives to Bagchi.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

Anup Bagchi set to become India's highest-paid bank CEO, may earn Rs 35.9 crore a year

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