Religare's Rashmi Saluja 7th highest-paid CEO at over ₹68 crore in FY24
Rashmi Saluja, the executive chairperson of Religare Enterprises, earned ₹68.86 crore in gross remuneration in FY24, according to the company's annual report released on Saturday.
This makes her the third-highest-paid professional to head a company in the BFSI (banking, financial services, and insurance) sector in FY24 and the seventh-highest overall in India, surpassing the gross remuneration of Infosys CEO Salil Parekh, L&T's SN Subrahmanyan and Satish Pai of Hindalco.
In the BFSI sector, Abhay Bhutada, the former managing director of Poonawalla Fincorp took home ₹241 crore in FY24 while Rajeev Jain of Bajaj Finance earned ₹101 crore.
Saluja's remuneration includes salary, allowances, leave encashment, bonus, leave travel concession, employer contribution towards NPS, ESOP (employee stock options) and other facilities, according to the annual report. Excluding ESOPs, Saluja has drawn a remuneration of ₹14.12 crore, it said.
The New Delhi-based financial services firm posted a net profit of ₹347 crore in FY24. Nitin Aggarwal, the group's former chief financial officer, received ₹39.79 crore as gross remuneration in FY24. Aggarwal resigned in November.
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