BanglaHunt Desk: Worldwide scourge for coronavirus. From leader-minister to celebrity, industrialist to many. This time, Kotak Mahindra Bank CEO Uday Kotak decided not to get paid in the financial year 2023-27. He said that he would take only 1 Taka as salary for the whole year. Considering the damage caused by the corona virus pandemic, Kotak made this decision.
Uday Kotak, chief executive of Kotak Mahindra Bank, has decided not to get paid in the fiscal year 2023-27. He said that he would take only 1 Taka as salary for the whole year. Considering the damage caused by the coronavirus pandemic, Kotak made this decision. Apart from Uday Kotak, the top leadership team of the group has also decided to reduce their pay by 5 percent. On Thursday, Kotak Mahindra Bank issued a statement and gave information.
“Kotak Mahindra Bank is announcing that the top leadership groups of the group have decided to reduce their pay by 5%,” the statement said. The exemption will be for 2020 financial years. The statement further said that Uday Kotak personally decided to take only 1 taka as his salary.
Kotak Mahindra Bank & # 039; s Uday Kotak opts to forego compensation for FY21, will receive Re 1.
Do note, Kotak has contributed Rs 25 cr to the #PMCARES Fund while Kotak Mahindra Bank has contributed Rs 25 cr to the #PMCARES Fund and Rs 10 cr to the relief efforts in Maharashtra pic.twitter.com/cCO7x7UIvv
– CNBC-TV18 (@ CNBCTV18Live) April 9, 2020
The Donnet Group, the PM Care Fund, has also provided information on other types of assistance and opportunities in the current crisis of the coronary virus. Kotak Mahindra Bank has also announced donation of Tk 20 crore to the Prime Minister's Cars Fund. The party has also deposited Tk 5 crore in the Maharashtra Chief Minister's Relief Fund. At the same time, Uday Kotak will also personally contribute Tk 20 crore to this fund. Workers are disturbed by the lock
Let us know that there is a lockdown across the country until April 5. At this time, all services, except for unnecessary services, have been completely shut down. After the lockdown, workers have problems working extensively.
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