India’s markets regulator is planning more reforms to woo foreign investors, including speeding up registration, reducing the cost of trading in the cash equities market and making it easier to short-sell, its chief said on Wednesday. Chairman Tuhin Kanta Pandey took over as head of the Securities and Exchange Board of India in March, and…
Shares of BSE rallied as much as 10.7% to their intraday high of Rs 2,718.70 on the NSE on Friday, November 7, following public remarks made by Finance Minister Nirmala Sitharaman and Sebi Chairman Tuhin Kanta Pandey regarding the Futures & Options (F&O) segment. Meanwhile, other capital market-linked stocks also posted intraday gains on Friday….
Securities Exchange Board of India (SEBI) chief Tuhin Kanta Pandey has said that the capital markets regulator will comprehensively review short selling and securities lending and borrowing mechanism (SLBM), after acknowledging that the system remains underdeveloped compared with other jurisdictions. Speaking at the CNBC TV-18 Global Leadership Summit, Pandey said, “An active SLBM scheme is…
The Securities and Exchange Board of India (SEBI) is preparing to widen institutional participation in the country’s commodity derivatives market, Chairman Tuhin Kanta Pandey said on Wednesday. According to IANS, the regulator will engage with the government on proposals to allow banks, insurance companies and pension funds into the segment, alongside a plan to expand…
SEBI Chairman Tuhin Kanta Pandey on Friday called on the mutual fund industry to unite in expanding access to small-ticket SIPs, terming them the foundation of retail financial inclusion and long-term wealth creation. “Every SIP is a seed that can grow into a financial tree,” Pandey said at an event hosted by the Association of…