New Axis Bank CEO's basic pay more than Shikha Sharma's at â¹3.6 cr
Axis Bank shareholders have approved a basic salary of â¹3.6 crore for Amitabh Chaudhry, who will take over as CEO from January 1, 2019. This is higher than the basic salary of â¹2.91 crore paid to outgoing CEO Shikha Sharma during last fiscal. Notably, Chaudhry received a total remuneration of â¹6.9 crore as HDFC Life's MD and CEO in 2017-18.