Sebi rebuts allegations of employee mistreatment, improper work culture

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Sebi rebuts allegations of employee mistreatment, improper work culture - Business Standard

Quick Summary:

Sebi’s rebuttal comes after news reports that its employees had written to the finance ministry, detailing their grievances against senior leadership.

The regulator clarified that recent human resource (HR) initiatives aim to recognise deserving employees based on objective performance assessments.

The market regulator further said its suspects that its “junior officers have been receiving messages from external elements outside their group, effectively instigating them to go to media, go to the ministry, go to board…perhaps to serve their own purpose.