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Kotak's Ashok Vaswani highest-paid private bank CEO in FY26 with Rs 17.23 crore cash pay

Ashok Vaswani led private bank executives in fiscal year 2026 compensation. His pay increased significantly due to stock appreciation rights and new options. HDFC Bank's Kaizad Bharucha received the highest total package when stock options were included. Bharucha's compensation exceeded his own boss, Sashidhar Jagdishan, in several categories. This highlights the substantial impact of stock grants on executive remuneration.

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Economic TimesLean R·2h ago
Kotak's Ashok Vaswani highest-paid private bank CEO in FY26 with Rs 17.23 crore cash pay
Ashok Vaswani led private bank executives in fiscal year 2026 compensation. His pay increased significantly due to stock appreciation rights and new options. HDFC Bank's Kaizad Bharucha received the highest total package when stock options were included. Bharucha's compensation exceeded his own boss, Sashidhar Jagdishan, in several categories. This highlights the substantial impact of stock grants on executive remuneration.
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Kotak's Ashok Vaswani highest-paid private bank CEO in FY26 with Rs 17.23 crore cash pay

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Kotak's Ashok Vaswani highest-paid private bank CEO in FY26 with Rs 17.23 crore cash pay

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