YES Bank is one of the leading private sector banks in India. Let’s have a look at the salary of MD&CEO of YES Bank for FY 2024-25
Salary of Yes Bank Chairman
| Name of the Part-time Chairman | Salary (Amount in ₹) | Perquisites | Sitting Fees (Amount in ₹) | Total (Amount in ₹) |
|---|---|---|---|---|
| Mr. Rama Subramaniam Gandhi | 3,000,000 | – | 2,350,000 | 5,350,000 |
Salary of MD&CEO of Yes Bank
| Name of the Director | Mr. Prashant Kumar Managing Director & Chief Executive Officer (Amount in ₹) |
|---|---|
| Salary – Fixed Pay | |
| (a) Basic salary and allowances | 24,832,254 |
| (b) Value of perquisites | 4,477,136 |
| (c) Company contribution towards PF | 872,160 |
| Performance linked incentives: | |
| Performance Bonus for FY 24 | 7,575,000 |
| Performance Bonus for FY 23 | 2,330,505 |
| Performance Bonus for FY 22 | 2,200,000 |
| Performance Bonus for FY 21 | 1,966,666 |
| Total | 44,253,721 |
| Stock Options | 5,050,000 |
Salary of Executive Directors of Yes Bank
| Name of the Director | Dr. Rajan Pental Executive Director (Amount in ₹) | Mr. Manish Jain Executive Director (Amount in ₹) |
|---|---|---|
| Salary – Fixed Pay | ||
| (a) Basic salary and allowances | 29,338,832 | 10,476,485 |
| (b) Value of perquisites | 825,595 | 164,781 |
| (c) Company contribution towards PF | 1,373,400 | 378,793 |
| Performance linked incentives: | ||
| Performance Bonus for FY 24 | 5,340,000 | – |
| Performance Bonus for FY 23 | 2,143,826 | – |
| Performance Bonus for FY 22 | 2,362,806 | – |
| Performance Bonus for FY 21 | – | – |
| Total | 41,384,459 | 11,020,059 |
| Stock Options | 3,204,000 | – |
Remuneration paid to the Non-Executive Directors of Yes Bank
The details of the remuneration paid to the Non-Executive Directors (excluding Chairman) during FY 2024-25 are given below (amount in Rs.): –
| Name of the Director | Fixed Remuneration | Sitting Fees | Total |
|---|---|---|---|
| Mr. Atul Malik | 2,000,000 | 5,425,000 | 7,425,000 |
| Ms. Rekha Murthy | 2,000,000 | 3,350,000 | 5,350,000 |
| Mr. Sharad Sharma | 2,000,000 | 3,100,000 | 5,100,000 |
| Ms. Nandita Gurjar | 2,000,000 | 1,750,000 | 3,750,000 |
| Mr. Sanjay Kumar Khemani | 2,000,000 | 2,900,000 | 4,900,000 |
| Mr. Sandeep Tewari | 2,000,000 | 3,075,000 | 5,075,000 |
| Mr. Thekepat Keshav Kumar | 2,000,000 | 3,650,000 | 5,650,000 |
| Mr. Sadashiv Srinivas Rao | 2,000,000 | 3,700,000 | 5,700,000 |
| Mr. Sunil Kaul | 0 | 0 | 0 |
| Ms. Shweta Jalan | 0 | 0 | 0 |
During FY 2024–25, the Non-Executive Directors were paid sitting fees of ₹100,000/- for attending each meeting of the Board of Directors and ₹50,000/- / ₹75,000/- as applicable for attending Board Level Committee meetings. Further, the Board at its Meeting held on May 14, 2025, approved the revision in sitting fees to ₹85,000/- for attending each meeting of Audit Committee of Board, Nomination & Remuneration Committee, Risk Management Committee, Board Credit Committee and IT Strategy Committee and ₹60,000/- for attending meetings of other Board Level Committees.
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