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Salary has not been paid since retirement… ICICI Bank’s clarification on SEBI Chief’s controversy

Private sector ICICI Bank on Monday said that it has not paid any salary or ESOP to SEBI chief Madhavi Puri Buch since her retirement in October 2013, in response to the allegations leveled by the main opposition party Congress. Let us tell you that recently the Congress has alleged that Buch, who became a member of the Securities and Exchange Board of India (SEBI) in 2017, had received Rs 16.8 crore from ICICI Bank as salary and other remuneration. Congress had alleged that the SEBI chairman has received Rs 16.8 crore from ICICI Group since 2017, which is 5.09 times the income he received from the market regulator.

The news is being updated…

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