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DBS CEO Piyush Gupta takes 23% pay cut in 2016

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DBS Group Holdings chief executive Piyush Gupta took a 23 per cent pay cut in 2016 as the bank posted a net profit decline and non-performing loan rates rose more than expected, according to its annual report.

Singapore

DBS Group Holdings chief executive Piyush Gupta took a 23 per cent pay cut in 2016 as the bank posted a net profit decline and non-performing loan rates rose more than expected, according to its annual report.

Mr Gupta's total remuneration fell to S$8.441 million in 2016

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