Chanda Kochhar, the CEO of ICICI is apparently one of the strongest women in the country. The lady who is the head of the largest private bank in India took a salary of Rs. 7.85 crore for the financial year 2016-2017. According to the reports published by the bank, it is said that there was 15 per cent hike in Chanda Kochhar’s basic income from Rs 2.32 crore to Rs 2.67 crore at the end of March.
Apart from her income, the Chanda was given a bonus of Rs. 2 crores for expectational work in the banking sector. Club fees, insurance, residence rental, food bill, car bill, telephone bill and travel concession were some of the major perquisites. Chanda’s total cost to the company was over Rs 4.79 crore in 2015-16 and basic salary was Rs 2.32 crore.
Well, if we talk about the money that ICICI CEO, Chandra Kochhar earns per days come to Rs 2.18 lakh. However, due to loss and several problems in the company, Chanda was not given any extra remuneration or bonus in 2015.
Here is what Chandra Kochhar said in a message, “Our large size, capital base, robust funding profile, extensive distribution network, diversified portfolio, presence across the financial services sector and leadership in technology, position us very well to leverage the growth opportunities across the economy,”
Chanda Kochhar is surely one among the inspiration ladies in India. We are proud of you Chanda!