Moneylife » SEBI vs Investors
SEBI vs Investors
Regulator Wakes Up to the Problems It Has Created
UK Sinha, chairman of the Securities & Exchange Board of India (SEBI), was fairly candid about the sad state of the capital market in his talk at Kolkata in March. Money raised from the capital market dropped form Rs67,000 crore a few years ago, to an ‘alarming’ Rs14,400 crore in the current financial year, he said. As much as Rs60,000 crore of fund-raising was shelved, in many cases, after filing documents with SEBI. Finding this astonishing, Mr Sinha went on to list the problems and some of the solutions initiated by the...
To continue reading this article, you must be a Premium subscriber...
More in Moneylife
Abhishek, we will miss you terribly... +6254 views
TODAY'S TOP STORIES
Ameet Patel on Budget 2014
What's your say?
What you said
Thanks for casting your votes! View Previous Polls