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Investment bankers ride on record IPOs in FY22 to mint bumper pay

Bonuses in FY22 ranged from 100 to 200% of annual pay

Topics
investment bankers | IPOs | IPO

Ashley Coutinho  |  Mumbai 



Illustration
In 2021, average bonus payouts ranged from 50-75 per cent of the bankers' annual salaries

The last financial year was an unprecedented one for (I-bankers). Bonuses for bankers increased by up to 200 per cent in a year that saw the highest fundraise by way of (IPOs) and record fees for equity offerings.

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First Published: Mon, May 30 2022. 06:10 IST

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