STARTUP LEGAL1 Oct 2026
HDFC Bank CEO salary per month: Check renumeration of FY 2026 | Company Business News
HDFC Bank's CEO Sashidhar Jagdishan was paid ₹15.13 crore for the year ended March 2026, including a 35 per cent performance bonus. He steps down on 26 October, and the Reserve Bank of India (RBI) has cleared Anup Bagchi as the new CEO and MD. Executive Director Kaizad Bharucha earned ₹17.14 crore. Business owners can note how bonuses and employee stock options are tied to performance.
Key Statutory Highlights
- Sashidhar Jagdishan, HDFC Bank's managing director and CEO, was paid ₹15.13 crore for the financial year that ended March 2026.
- His performance bonus climbed from ₹4.67 crore in FY25 to ₹7.28 crore in FY26, and his ESOP holdings rose from 2.12 lakh to 4.28 lakh shares.
- Executive Director and Deputy Managing Director Kaizad Maneck Bharucha took home ₹17.14 crore in the last fiscal, more than the MD and CEO.
Actionable Advice for Taxpayers / Founders:If you run a company, this is a good moment to look at how your own senior pay, bonuses and ESOP grants are structured and disclosed. Check with your CA or CS before making or approving any board-level pay change.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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