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Rajeev Jain becomes FY25 top NBFC CEO as ESOP windfall boosts pay past 65 crore
Economy
Published on 24 April 2026
His payout leapt thanks to ESOPs worth Rs 40 crore
Rajeev Jain, Managing Director of Bajaj Finance, topped the FY25 list of best-paid NBFC CEOs with a package exceeding Rs 65 crore, including ESOPs valued at around Rs 40 crore. Arvind Kapil of Poonawalla Fincorp ranked second. Among bankers, HDFC Bank’s Sashidhar Jagdishan led with pay above Rs 12 crore.
- Rajeev Jain of Bajaj Finance topped FY25 NBFC CEO pay
- Total compensation crossed Rs 65 crore, driven by ESOPs
- Arvind Kapil of Poonawalla Fincorp took second spot
- HDFC Bank’s Sashidhar Jagdishan led bank pay above Rs 12 crore
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times