Fri Sep 06 06:47:10 UTC 2024: – The Parliament’s Public Accounts Committee (PAC) will review the performance of regulatory bodies, including SEBI, amid allegations of conflict of interest against SEBI Chairperson Madhabi Puri Buch.
– The SEBI Chief is facing allegations over the Adani Group investigation and payments from ICICI Bank.
– SEBI employees have complained of a toxic work culture, which the regulator has refuted.
– PAC, chaired by Congress leader KC Venugopal, will also review banking and insurance sectors, welfare schemes, and public infrastructure fees.
– The next PAC meeting is on September 10, but Buch is unlikely to be called.

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