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Did You Know? MD&CEO of which bank got maximum salary? Among all banks, Kotak Mahindra Bank CEO Ashok Vaswani received the highest remuneration in FY26 at ₹17.23 crore, making him the highest-paid bank chief in the country. His salary increased by 33.1% compared to the previous financial year. Check salary of MD&CEO of private and public sector banks below.
| Bank | Chief | FY26 (Rs.) | FY25 (Rs.) | % YoY |
|---|---|---|---|---|
| Private Banks | ||||
| Kotak Mahindra Bank | Ashok Vaswani | 172,347,000 | 129,529,000 | 33.1 |
| HDFC Bank | Sashidhar Jagdishan | 151,679,184 | 120,620,240 | 25.7 |
| ICICI Bank | Sandeep Bakhshi | 106,415,662 | 104,779,352 | 1.6 |
| Axis Bank | Amitabh Chaudhry | 102,987,665 | 90,760,985 | 13.5 |
| IDBI Bank | Rakesh Sharma | 25,100,000 | 20,984,102 | 19.6 |
| PSU Banks | ||||
| Indian Bank | Brajesh Kumar Singh | 7,335,788 | 3,690,251 | 98.8 |
| Bank of Baroda | Debadatta Chand | 7,315,863 | 7,392,726 | -1.0 |
| UCO Bank | Ashwani Kumar | 6,663,000 | 4,985,000 | 33.7 |
| Indian Overseas Bank | Ajay Kumar Srivastava | 6,655,812 | 6,440,736 | 3.3 |
| Bank of Maharashtra | Nidhu Saxena | 6,519,000 | 3,815,000 | 70.9 |
| Bank of India | Rajneesh Karnatak | 6,294,742 | 5,269,865 | 19.4 |
| State Bank of India | Challa Sreenivasulu Setty | 4,319,250 | 2,698,077 | 60.1 |
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