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RBI proposes tightening compensation norms for private, foreign banks
The proposed guidelines also said minimum 50 percent of variable pay is to be via non-cash component while mandating a compulsory deferral mechanism for variable pay, regardless of quantum of variable pay.
The proposed guidelines also said minimum 50 percent of variable pay is to be via non-cash component while mandating a compulsory deferral mechanism for variable pay, regardless of quantum of variable pay.
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