Page 8 - Chanda Kochhar

Chanda Kochhar draws Rs 6 crore remuneration in FY17

Kochhar said ICICI Bank is focused on capitalising on growth opportunities

ICICI Bank CEO Chanda Kochhar draws Rs 7.85 crore in FY17

Chanda Kochhar, the head of country's largest private sector lender ICICI Bank, has drawn Rs 7.85 crore as total remuneration in 2016-17, a jump of over nearly 64 per cent from a year ago. ICICI Bank MD & CEO Chanda Kochhar's basic salary increased over 15 per cent to Rs 2.67 crore during the fiscal ended March 2017, as per bank's annual report. Calculated on daily basis, her cost to the company was Rs 2.18 lakh. During the year, she took home performance bonus of Rs 2.2 crore. However, the bank had not not given performance incentive in 2015-16 due to weak financial status. Her total cost to the company was over Rs 4.79 crore in 2015-16 and basic salary was Rs 2.32 crore. The total remuneration included perquisites as well as retiral benefits. Furnished accommodation, gas, electricity, water and furnishing, club fees, group insurance, use of car and telephone at resident, reimbursement and leave travel concession, provident funds are among the major heads of ...

Whatever we do, we do in an arm's-length relationship: Chanda Kochhar

Interview with Managing Director & Chief Executive Officer, ICICI Bank

Rajan's decision a personal choice; we must respect: Kochhar

Kochhar said under him, the RBI played a major role in steering the economy in a volatile world

Must Read: Chanda Kochhar's inspiring letter to her daughter

ICICI Bank's CEO and MD advice to her daughter on how to deal with situations in life