Religare Enterprises Executive Chairperson Rashmi Saluja’s FY24 gross remuneration reached ₹68.86 crore, making her the third-highest paid BFSI leader and seventh overall in India. This includes ₹14.12 crore excluding ESOPs. Saluja’s reappointment vote is scheduled for December 31 amidst an ongoing control dispute with the Burman family, Religare’s largest shareholders.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,