Tags:
Journalism of Courage
Has Sebi been able to regulate capital markets?
We have initiated several reforms, for instance, the T+2 trading system (where a share transaction has to be completed within two days). We plan to have competitive edge so that the stock markets can attract more investments. Our market is one of the largest in the world in terms of companies listed. You must have noticed that in the last one year I’ve passed 550 orders.
Are you happy with more powers which have been accorded to the Sebi two months ago?
I am going to take firm and quick actions wherever investors’ interest has been sacrificed. The government has now accorded us more powers but I have to use them judicially. What is more important is issue-specific powers. We have tightened norms and vigilance. If you look at Sebi’s orders, you can see that they are impartial and objective.
Why aren’t investors coming back?
My job is to make the road for investments safe and transparent for the investor. You can already see so many settlements taking place without any hiccups. It’s upto the investors now.
