News > IDFC FIRST Bank Senior Management takes 10% pay cut

IDFC FIRST Bank Senior Management takes 10% pay cut

IDFC FIRST Bank today announced that its senior management has volunteered to take a 10% cut in compensation in the current financial year 2020-21.  IDFC FIRST Bank’s employees voluntarily contributed one day’s salary totaling Rs. 3.29 crore to the PM CARES Fund.  The Bank contributed Rs 5 crore to the PM CARES Fund to support the nation's fight against coronavirus.