Curious about Sashidhar Jagdishan’s net worth? We break down his multi‑crore salary, stock options, and estimated wealth as of 2025. Discover the figures behind India’s highest‑paid bank CEO.
Who is Sashidhar Jagdishan?
Sashidhar Jagdishan, MD & CEO of HDFC Bank since October 2020, is one of India’s most influential bankers. Promoted from within after 31 years at the bank, he took over from veteran Aditya Puri and continues to helm the lender in its post‑merger phase.
Sashidhar Jagdishan Net Worth
FY 2022–23 Total Pay: ₹10.55 crore
- Basic salary: ₹2.82 crore
- Allowances & perks: ₹3.31 crore
- Performance bonus: ₹3.63 crore
FY 2023–24 Breakdown:
- Basic: ₹2.94 crore (+4.1%)
- Allowances: ₹3.32 crore
- Bonus: ₹3.71 crore (+2.1%)
- ESOP grants: ~2.09 lakh shares
He also received deferred compensation and cash variables from previous years, contributing to overall annual payouts of ₹10–11 crore.
Estimated Net Worth:
A conservative ballpark would be ₹100–150 crore (US $12–18 million), considering his compensation, ESOP potential, and prudent savings. This may be understated if early stock options have been exercised.
Latest News on Sashidhar Jagdishan
Named in FIR by Lilavati Trust
The Mehta family’s Lilavati Kirtilal Mehta Medical Trust has filed an FIR naming Jagdishan in an alleged financial fraud connected to hospital operations. The specifics are still emerging. The HDFC bank has officially denied the allegations and announced it will take legal action, appealing to regulators to clear the CEO’s name.
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