Rumors of SEBI chief resigning: There is speculation in the market that equity market regulator SEBI chief Madhabi Puri Buch will resign on October 5. Information is being received from sources that former SBI Chairman Dinesh Kumar Khara will be appointed as the chief in place of Madhabi.
Market regulator SEBI chief Madhabi Puri Buch is in constant controversy after Hindenburg's allegations. Allegations are being showered on him one after the other. However, SEBI has so far termed all the allegations as baseless. Since Hindenburg's inception, ICICI Bank has been accused of taking salaries and giving employees a toxic work culture. Employees including Congress are continuously demanding the resignation of SEBI chief.
Who is Dinesh Kumar Khara?
Dinesh Kumar Khara started his career as a banker. He held the post of Chairman in the country's top government bank SBI from 7 October 2020 to 28 August 2024. Khara, who recently retired, may be appointed as SEBI chief.