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Former Infosys CFO Rajiv Bansal demands pending Rs 12 crore

Former Infosys CFO Rajiv Bansal demands pending Rs 12 crore

Thursday, April 20, 2017, 10:52 AM

Former Infosys CFO Rajiv Bansal has invoked the arbitration clause in his severance contract asking for the rest of his allotted payout. When Bansal left in 2015, Infosys had agreed to pay him Rs 17.38 crore as severance, about two years of pay. But the company paid out only about Rs 5 crore before suspending the payments.
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