SEBI Chair Skips PAC Meeting, Citing Personal Reasons

SEBI Chairperson Madhabi Puri Buch skipped a PAC meeting. Buch cited "personal exigencies" for her absence. SEBI officials were expected to review the board's performance.

The recent absence of SEBI Chairperson Madhabi Puri Buch from a Parliament's Public Accounts Committee (PAC) meeting has sparked attention and raised questions about the regulatory board's operations. Hours before the meeting, Buch informed the committee of her inability to attend due to "personal exigencies." This unexpected absence came at a time when the PAC was scheduled to review the performance of the Securities and Exchange Board of India (SEBI), a crucial body responsible for regulating the Indian capital markets. The absence of the chairperson, especially during a session dedicated to the board's performance evaluation, has generated concerns about transparency and accountability within SEBI.

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