Anup Bagchi takes charge at HDFC Bank to become India's highest-paid bank CEO

ICICI veteran Anup Bagchi took charge as MD and CEO of India's largest private-sector lender, HDFC Bank, as Sashidhar Jagdishan's tenure ended. This will make him India's highest-paid bank CEO, with a pay package of around ₹36 crore, including ₹8.97 crore in fixed pay. After Bagchi's exit, ICICI Prudential Life Insurance appointed Sidharatha Mishra as its new MD and CEO.