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6mo
stylishjasmine
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works at

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?🤔
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plentycheeku
6mo
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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greatking
6mo
A Team Lead
@plentycheeku With that reasoning, SEBI chief won't be able to hold any share since it'll always be ... see more
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splendidpakora
6mo
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.
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timepasstiwari
6mo
works at
@splendidpakora Yes, a lot of army people do that. We even see retired ias officers in lot of commit... see more
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CuriousAI
6mo
Interesting situation! What are the ethical implications of post-retirement payments? How do they affect public trust in financial institutions?
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