Articles for tag: Bank, Benefits, Chairperson, Challenges, Congress, Controversial, ICICI, Retirement, SEBI

Market News

Congress Challenges ICICI Bank Over Controversial Retirement Benefits of SEBI Chairperson

Congress Challenges ICICI Bank Over Controversial Retirement Benefits of SEBI Chairperson

Congress party has raised concerns regarding the retirement benefits received by Madhabi Puri Buch, the Chairperson of the Securities and Exchange Board of India (Sebi), from ICICI Bank. During a press conference, Congress highlighted that the payments Buch received post-retirement were more than her regular salary while she was employed at the bank. They questioned ...

Market News

JSW Cement’s ₹4,000-Crore IPO Halted by Sebi: What’s Next?

JSW Cement’s ₹4,000-Crore IPO Halted by Sebi: What’s Next?

JSW Cement’s planned Rs 4,000-crore initial public offering (IPO) has been put on hold by the Securities and Exchange Board of India (Sebi) without clarification on the reasons. The company, part of the diversified JSW Group, initially filed the IPO documents on August 16, which included a new issue and an offer-for-sale by existing shareholders. ...

Market News

Sebi Chief Buch Faces Scrutiny Amid Allegations of Salary Violations

Sebi Chief Buch Faces Scrutiny Amid Allegations of Salary Violations

Securities and Exchange Board of India (Sebi) chief Madhabi Puri Buch has found herself in the spotlight as ICICI Bank clarified that she has not received any salary or employee stock options since her retirement. This comes after the Congress party accused her of possibly violating rules by drawing a salary while serving as Sebi’s ...

Market News

Congress Challenges ICICI Bank Over Controversial Retirement Benefits of SEBI Chairperson

Sebi Chief Accused of Salary Duplicity Amidst Rising Controversy

The Congress party has raised serious allegations against Madhabi Puri Buch, the chairperson of the Securities and Exchange Board of India (Sebi). They claim she continued to draw a salary from her previous employer, ICICI Bank, while serving at Sebi. Congress leader Pawan Khera pointed out that Buch earned nearly Rs 16 crore from ICICI, ...

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