Major salary hike for SBI Caps CEO Varsha Purandare raises eyebrows

“Compensation structure depends on the area of business. SBI Caps being in investment banking, key managerial personnel could be paid more in order to retain talent and by paying competitive market prices,” Shriram Subramanian, Founder of InGovern Research Service said.

https://www.newindianexpress.com/business/2018/apr/17/major-salary-hike-for-sbi-caps-ceo-varsha-purandare-raises-eyebrows-1802443.html