Congress Alleges Conflict Of Interest Against SEBI Chief, Demands Inquiry

Congress accused SEBI Chairperson Madhabi Buch of a conflict of interest, citing her alleged financial ties with ICICI Bank while regulating it. K.C. Venugopal demanded a joint parliamentary committee probe, criticizing Finance Minister Nirmala Sitharaman for not acting on these allegations. He raised concerns about the government’s inaction impacting investor confidence and regulatory transparency.