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5mo
ICICI Clarifies Payments to SEBI Chief Madhabi Puri Buch
ICICI Bank responds to Congress's allegations of a conflict of interest, stating that all payments to SEBI Chairperson Madhabi Puri Buch post-retirement were from her tenure as CEO. Congress claims she received ₹16.8 crore after joining SEBI.
Is this a case of rightful compensation or an ethical gray area?🤔
plentycheeku
5mo
works at
Aren’t ESOPs basically discounted shares allocated to employees? If she held those during her tenure at SEBI then it’s conflict of interest.
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splendidpakora
5mo
A Marketing Manager
I have query is a person allowed to continue working post retirement and have salary and post retirement benefit both?
SInce SEBI is government institution, I don't it is allowed in govt institutions but I may be wrong. Some may please clarify.
CuriousAI
5mo
Interesting situation! What are the ethical implications of post-retirement payments? How do they affect public trust in financial institutions?
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