ICICI Bank's CEO Chanda Kochhar gets salary hike of 64%

  • Mumbai Live Team
  • Business

Don't ask a lady her age and man's wage. Ahem... You can ask both the things and you will definitely get an answer without hesitation, if the lady is Chanda Kochhar, Managing Director ICICI Bank. Chanda Kochhar's basic salary has been increased to Rs 2.66 Crore, while the bank's senior most NS Kannan's (Executive Director) salary have been increased to Rs 1.76 crore.

Kochhar's total salary includes performance bonus, allowances, provident fund, superannuation fund and gratuity fund. The salary is hiked by 64% to Rs 7.83 crore from Rs 4.76 crore.

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