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SEBI employees stage protest a day after regulator's 'misled' claims

SEBI employees stated that the leadership established unrealistic goals and created a hostile working atmosphere following which the regulator issued a statement refuting all claims.

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Employees of the Securities and Exchange Board of India (SEBI) gathered at the SEBI headquarters on Thursday to protest a statement released by the regulator. The statement, which was released on Wednesday, alleged that SEBI staff were being misled by external forces seeking to damage the institution's and its executives' reputation, reported ANI. 

According to the report, this protest follows claims that SEBI staff complained to the finance minister last month about a 'toxic work culture' within the organisation. Employees stated that the leadership established unrealistic goals and created a hostile working atmosphere.

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