Tue Sep 03 18:07:14 UTC 2024: – BJP IT cell chief Amit Malviya criticized Congress for accusing SEBI chairperson Madhabi Puri Buch of receiving benefits from ICICI Bank
– ICICI Bank denied Congress’s charges, stating that they did not pay any salary or ESOPs to Buch after her retirement
– Congress leader Pawan Khera alleged that Buch received ₹16.8 crore in benefits from the bank and questioned the process of her appointment as SEBI chief
– Khera also raised questions about the fit and proper criteria for regulatory body appointments and if ICICI Bank bypassed ESOP rules for Buch
– ICICI Bank clarified that all payments to Buch post-retirement had accrued during her employment phase with the bank

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