No payment to Buch after appointment as SEBI chief: ICICI
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ICICI Bank has denied allegations made by the Congress party, that Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch continued to receive a salary from ICICI, after her retirement. The bank clarified that no salary or Employee Stock Ownership Plans (ESOPs) were paid to Buch post-retirement, other than her retirement benefits. This statement comes in response to claims of a potential conflict of interest, involving Buch's financial dealings with ICICI Bank during her tenure at SEBI.