Raghuram Rajan not top paid man at RBI?

| Monday, April 25, 2016 - 13:37
First Published |
Raghuram Rajan

Rajan does not appear to be the top-paid at RBI

New Delhi: The Reserve Bank of India (RBI) Governor Raghuram Rajan may be the most powerful person at the Central bank, but he does not appear to be the top-paid one.

The Central bank has released details of their employees' salaries including that of the governor under the Right to Information (RTI) Act for the period of June-July 2015.

As per the latest details, Rajan's total monthly emoluments stood at Rs 1,98,700. This included a basic pay of Rs 90,000, dearness allowance of Rs 1,01,700 and 'others' of Rs 7,000. This means his gross annual income is around Rs 24,00,000.

(Also Read: Microsoft, Facebook pay male and female employees equally)

Monthly salaries of a total 16,662 employees outside the top management have been disclosed.

Rajan remains on the top in terms of basic pay. The total monthly emoluments for each deputy governors stood at Rs 1,73,900, while that of the executive directors was Rs 1,70,864.

As per the RBI list, Gopalkrishna Sitaram Hegde earns the most at Rs 4 lakh followed by Annamalai Arappuli Gounder at Rs 2.2 lakh and V Kandasamy at Rs 2.1 lakh.

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