India's SEBI retracts press release on unprofessional work culture after employee protests.

India's Securities and Exchange Board (SEBI) has retracted a September 4 press release that addressed allegations of an unprofessional work culture after employees protested, demanding its withdrawal and the resignation of SEBI Chairperson Madhabi Puri Buch. SEBI recognized the importance of its employees in the securities market and committed to resolving issues internally, emphasizing that such matters would be managed through established internal channels.

September 16, 2024
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