Yes Bank has received shareholder approval for the remuneration of its Managing Director and Chief Executive Officer, Prashant Kumar (DIN: 07562475), following the clearance from the Reserve Bank of India (RBI) dated September 16, 2025. Check Yes Bank CEO & MD Salary Slip below.
For FY 2025–26, Kumar’s fixed pay has been set at ₹4.20 crore, which includes salary, allowances and perquisites.
The key components are:
The variable pay is linked to organizational, business unit and individual performance, in line with RBI’s November 2019 circular. It is also subject to deferral, claw-back and malus clauses.
For FY 2025–26, Kumar’s variable pay will again be decided by the Board and the RBI, depending on the bank’s performance.
A Look at the Bigger Picture
The remuneration structure reflects a growing trend in Indian banking where top executives’ pay is closely tied to performance and regulatory approvals. Apart from fixed salary and allowances, a large portion of compensation now depends on stock options and bonuses linked to results.
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