ICICI Bank denies Congress' claim that SEBI Chairperson Madhabi Puri Buch received post-retirement payments in 2013.

ICICI Bank has denied allegations from the Congress party that SEBI Chairperson Madhabi Puri Buch received salary or stock options post-retirement in 2013. The bank clarified that all payments made to Buch after her retirement were from her employment period, including ESOPs and retiral benefits. Congress claimed Buch received ₹16.8 crore since 2017, but ICICI Bank stated this amount reflects compensation earned during her tenure, not post-retirement income.

September 02, 2024
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