HDFC Bank’s annual disclosures for FY26 show that former part-time chairman and independent director Atanu Chakraborty receives total earnings of about ₹1.07 crore. Multiple reports cite figures from the bank’s annual report, indicating he is paid ₹59 lakh in sitting fees and about ₹48.25 lakh in fixed remuneration for FY26, together amounting to roughly ₹1.07 crore. One report notes this is an increase of about 3.5% compared with FY25, when his earnings were reported at about ₹1.04 crore. The bank’s disclosures state that, as a part-time chairman and independent director, Chakraborty is entitled to a fixed remuneration of ₹50 lakh for FY26, which is approved by the Reserve Bank of India. The reports add that he resigns from these roles effective March 18, 2026, so the fixed remuneration is paid on a proportionate basis. Separately, one outlet describes the exit as coming amid scrutiny related to governance concerns that were flagged before his resignation, though the reported payouts remain the same figures drawn from the bank’s filings.
HDFC Bank disclosures show Atanu Chakraborty’s FY26 payout at ₹1.07 crore
HDFC Bank’s annual disclosures for FY26 show that former part-time chairman and independent director Atanu Chakraborty receives total earnings of about ₹1.07 crore. Multiple reports cite figures from...
- HDFC Bank’s FY26 disclosures report Atanu Chakraborty’s total earnings at about ₹1.07 crore.
- The payout includes about ₹59 lakh in sitting fees and about ₹48.25 lakh in fixed remuneration.
- His FY26 earnings are reported to be higher than FY25 by roughly 3.5%.
- The bank states his fixed remuneration entitlement for FY26 is ₹50 lakh, approved by the RBI, paid proportionately after his March 18, 2026 resignation.
- Chakraborty resigns as part-time chairman and independent director effective March 18, 2026.
The former Economic Affairs Secretary who resigned as HDFC Bank's part-time chairman amid a governance row, was paid Rs 59 lakh in sitting fees and Rs 48.25 lakh in fixed remuneration in FY26, nearly his full annual entitlement.
2 hours agoHDFC Bank's ex-chairman Atanu Chakraborty's overall earnings grew 3.53 per cent to Rs 1.07 crore in FY26, as per disclosures made by the country's largest private sector lender on Saturday. Chakraborty, a career bureaucrat who quit flagging concerns on ethics and governance towards the end of the fiscal, earned Rs 1,07,25,269 in sitting fees and remuneration in FY26, as per the annual report of the bank for the fiscal year. This was higher than the Rs 1,03,58,871 earned in FY25, as per the annual report for the previous fiscal. The FY26 annual report mentioned that as a parttime chairman and independent director of the bank, he was entitled to a fixed remuneration of Rs 50 lakh for FY26, and the same was approved by the RBI as well. "Since Chakraborty resigned as part-time chairman and independent director of the bank with effect from March 18, 2026, such fixed remuneration was paid to him on a proportionate basis. In addition, Mr. Chakraborty was paid sitting fees for attending th
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