Tue Sep 03 13:07:16 UTC 2024: – ICICI Bank denied allegations of SEBI Chairperson Madhabi Puri Buch receiving a salary from the bank group after leaving the entity
– The bank clarified that Buch received compensation, including salary, retiral benefits, bonus, and ESOPs during her employment with the group
– ESOPs vested over the next few years from the date of allotment, and former employees had the choice to exercise them up to 10 years from vesting
– The bank stated that all payments made to Buch post-retirement had accrued to her during her employment with the group

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