Entry-level officers are paid ₹34 lakh per annum: SEBI on 'toxic work culture' allegation

SEBI said it believes the recent controversy related to employees complaining about alleged toxic work culture is triggered by "external elements". It added that entry level officers at Grade A are paid CTC of approximately ₹34 lakh per annum and they were misguided to believe they're "underpaid". "New demands...by them would amount to...additional CTC of...₹6 lakh per annum," it stated.