Tue Sep 03 08:58:01 UTC 2024: – ICICI Bank has denied allegations that SEBI Chairperson Madhabi Puri Buch was receiving a salary from the bank after leaving the entity
– The bank clarified that Buch had opted for superannuation in 2013 and had not received any salary or ESOPs after her retirement, only retiral benefits
– The bank explained the rules regarding ESOPs and stated that all payments made to Buch after retirement were accrued during her employment with the group
– The bank reiterated that all payments to Buch were in accordance with applicable policies and tax regulations

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