His remuneration will include basic pay in the range of 1.07-1.4 million euros per annum and a target variable pay in the range of 1.7-2.5 million euros per annum
Challenges of succeeding a CEO with a long tenure
The RBI said guaranteed bonus was not consistent with sound risk management
The new circular also provides for 75% consent by value for a resolution plan to be passed
Gopinathan's compensation included Rs 1.15 crore in salary, Rs 1.26 crore in perquisites, Rs 13 crore in commission and over Rs 60 lakh in other allowances