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	<title>TaxGuru &#187; prudential life insurance</title>
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		<title>RBI ask to cut salary of CEO of ING Vysya Bank, Axis Bank and DCB</title>
		<link>http://taxguru.in/rbi/rbi-ask-to-cut-salary-of-ceo-of-ing-vysya-bank-axis-bank-and-dcb.html</link>
		<comments>http://taxguru.in/rbi/rbi-ask-to-cut-salary-of-ceo-of-ing-vysya-bank-axis-bank-and-dcb.html#comments</comments>
		<pubDate>Sat, 06 Jun 2009 03:11:47 +0000</pubDate>
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				<category><![CDATA[RBI]]></category>
		<category><![CDATA[axis bank]]></category>
		<category><![CDATA[Bank]]></category>
		<category><![CDATA[bank of india]]></category>
		<category><![CDATA[chief executive officers]]></category>
		<category><![CDATA[compensation package]]></category>
		<category><![CDATA[icici prudential]]></category>
		<category><![CDATA[ing vysya bank]]></category>
		<category><![CDATA[life insurance company]]></category>
		<category><![CDATA[private sector banks]]></category>
		<category><![CDATA[prudential life insurance]]></category>
		<category><![CDATA[regulators]]></category>
		<category><![CDATA[reserve bank of india]]></category>
		<category><![CDATA[salaries]]></category>
		<category><![CDATA[salary]]></category>
		<category><![CDATA[salary package]]></category>
		<category><![CDATA[standard chartered bank]]></category>

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		<description><![CDATA[The Reserve Bank of India, citing its powers as banking regulator, has put on hold the salaries of Chief Executive Officers of three private sector banks, ING Vysya Bank, Axis Bank and Development Credit Bank, arguing that these are inflated and not in sync with the market. Incidentally, all three banks have recently hired CEOs [...]]]></description>
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