Daily BriefsESG

Daily Brief ESG: IDBI Bank’s Stakeholder Enrichment Programme Begins at the Top and more

In today’s briefing:

  • IDBI Bank’s Stakeholder Enrichment Programme Begins at the Top


IDBI Bank’s Stakeholder Enrichment Programme Begins at the Top

By Hemindra Hazari

  • Only very few senior executives have benefitted from privatisation of IDBI Bank
  • Hefty remueration increases given to CEO and two Deputy Managing Directors
  • Major improvement in the bank’s performance on account of government led injection of equity and bank’s share price has under-performed peers. 

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