**For private bank chiefs, half of their salary to be linked to performance*
The total variable pay shall be limited to a maximum of 300% of the fixed pay, RBI said in its guidelines released on Monday
The guidelines are aimed at tweaking incentives to prevent reckless risk taking that has burdened lenders with NPAs
The total variable pay shall be limited to a maximum of 300% of the fixed pay, RBI said in its guidelines released on Monday
The guidelines are aimed at tweaking incentives to prevent reckless risk taking that has burdened lenders with NPAs
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