Followers

Tuesday, February 26, 2019

RBI proposes clawback of errant CEO bonuses

The proposed norms will apply to whole-time directors, chief executives and `material risk takers. It will also apply to staff with control functions. Some of the main changes proposed by RBI include requiring a large part of the compensation to be in the form of variable pay, which is a term used for performance linked salaries or bonuses.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2BT9mHE

No comments:

Post a Comment

Sri Lanka central bank fines Indian Bank

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...