Thursday, June 25, 2020

HDFC Bank’s Aditya Puri took home Rs 18.9 crore annual pay in FY20; SBI’s Rajnish Kumar drew Rs 31 lakh

HDFC Bank’s Aditya Puri took home Rs 18.9 crore annual pay in FY20; SBI’s Rajnish Kumar drew Rs 31 lakh Wage disparity between the public and private sector is not limited to banks. The government has not acted to reform the pay structure so far except for a few tweaks. There is another view that pay reform alone doesn’t make sense unless a level playing field is granted to all banks

from Moneycontrol Business News https://www.moneycontrol.com/news/business/hdfc-bank’s-aditya-puri-took-home-rs-189-crore-annual-payfy20-sbi’s-rajnish-kumar-drew-rs-31-lakh_13951601.html

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...