Chairman Sunil Mehta earned Rs 96.25 lakh in sitting fees during FY25, more than doubling from Rs 47.95 lakh in the year before. This payout is in addition to Mehta’s Rs 30-lakh fixed annual remuneration, which remained unchanged, showed the bank’s FY25 annual report. Mehta’s three-year term is set to end on January 30, 2026. People familiar with the matter told ET that between March and August 2025, the board is understood to have convened 180-200 meetings, significantly higher than in the same period last year.
Global markets: Stocks slip as dollar heads for weekly loss
In a week fraught with concerns over escalating interest rates and financial complications tied to AI, global stock indices saw moderate declines. While the S&P
October 17, 2026