Chanda Kochhar - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra https://newsmantra.in/tag/chanda-kochhar/ Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra Thu, 24 Jul 2025 09:50:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://newsmantra.in/wp-content/uploads/2019/05/cropped-newmantra-logo-32x32.png Chanda Kochhar - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra https://newsmantra.in/tag/chanda-kochhar/ 32 32 Chanda Kochhar Drew ₹7.85 Cr Salary Before Fall from Grace at ICICI https://newsmantra.in/chanda-kochhar-drew-%e2%82%b97-85-cr-salary-before-fall-from-grace-at-icici/ https://newsmantra.in/chanda-kochhar-drew-%e2%82%b97-85-cr-salary-before-fall-from-grace-at-icici/#respond Thu, 24 Jul 2025 09:50:27 +0000 https://newsmantra.in/?p=66477 MUMBAI : Ms Chanda Kochhar, once celebrated as a trailblazer in Indian banking, commanded an annual salary of ₹7.85 crore in FY 2016–17 during her tenure as CEO and MD of ICICI Bank. Her compensation included a basic salary of ₹2.67 crore, a performance bonus of ₹2.2 crore, and various...

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]]> MUMBAI : Ms Chanda Kochhar, once celebrated as a trailblazer in Indian banking, commanded an annual salary of ₹7.85 crore in FY 2016–17 during her tenure as CEO and MD of ICICI Bank. Her compensation included a basic salary of ₹2.67 crore, a performance bonus of ₹2.2 crore, and various allowances and perquisites totaling ₹2.98 crore—making her one of the highest-paid banking executives in the country, with a daily cost to company of about ₹2.18 lakh.

Despite her celebrated status and a career marked by numerous accolades, Kochhar’s exit from ICICI came under a cloud, following serious allegations of conflict of interest and quid pro quo arrangements. Her fall from corporate grace stands in stark contrast to her once-stellar legacy, serving as a cautionary tale within the world of business leadership.

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