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Monday, November 4, 2019

50% of bank CEOs' pay to be variable, include equity: RBI

Top executives in banks will have to receive half their salary in the form of variable pay which will be linked to their bank’s performance, according to new rules announced by the RBI on Monday. The variable pay itself will be capped at 300% of the fixed pay and will include equity compensation.

from Times of India https://ift.tt/34wwQOF

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