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HDFC Bank CEO Jagdishan Earned ₹15.13 Crore in FY26

HDFC Bank CEO salary per month: Check renumeration of FY 2026 · livemint.com

Sashidhar Jagdishan was the CEO and Managing Director of HDFC Bank during the financial year ending in March 2026.

The bank’s annual report says he received ₹15.13 crore during that year.

His pay included salary, allowances, a performance bonus and other payments.

His performance bonus increased compared with the previous year.

His employee stock option holdings also more than doubled.

Kaizad Maneck Bharucha, the bank’s Deputy Managing Director, earned even more at ₹17.14 crore.

Jagdishan will leave his position on October 26.

Anup Bagchi, who previously worked at ICICI, has been approved as the bank’s next CEO and Managing Director.

Key facts

Jagdishan’s total remuneration: ₹15.13 crore in FY26
Jagdishan’s basic pay: ₹3.09 crore
Jagdishan’s allowances: ₹3.46 crore
Jagdishan’s performance bonus: ₹7.28 crore, up from ₹4.67 crore in FY25
Jagdishan’s ESOP holdings: Increased from 2.12 lakh to 4.28 lakh shares
Bharucha’s total remuneration: ₹17.14 crore in FY26
Incoming CEO: Anup Bagchi, an ICICI veteran, approved by the Reserve Bank of India

livemint.com · 1 hr ago