Overview

• Sashidhar Jagdishan’s total remuneration climbed from Rs 10.79 crore in FY24 to Rs 12.08 crore in FY25 following merger-driven performance targets
• His FY25 package includes a Rs 3.09 crore basic salary, Rs 3.46 crore in allowances and perquisites, a Rs 4.67 crore performance bonus, and provident fund and superannuation contributions
• In January 2025, Jagdishan received Rs 2.63 crore as half of his cash variable pay for the 2023-24 performance year under RBI guidelines
• The CEO was granted 2.12 lakh ESOPs under the long-term incentive plan while Deputy MD Kaizad Bharucha earned Rs 11.01 crore and received 1.30 lakh ESOPs in FY25
• HDFC Bank added over 700 branches by March 31, 2025, and projects advances growth on par with the system in FY26 before surpassing it in FY27