SEBI stands for the Securities and Exchange Board of India. It is the regulatory authority that oversees the functioning of the securities market in India. Established in 1988, SEBI was formed to protect the interests of investors, promote the development of the securities market, and regulate various participants in the market such as stockbrokers, intermediaries, and listed companies.
As a regulatory body, SEBI plays a critical role in regulating and monitoring the securities market, ensuring its transparency and fairness. It enforces rules and regulations for market participants to maintain the integrity and stability of the market. SEBI also works towards creating a conducive environment for efficient capital mobilization and allocation by facilitating fundraising requirements for companies.
SEBI's responsibilities include supervising and regulating stock exchanges, managing investor grievances, approving stock exchange bylaws, regulating mergers and acquisitions, regulating takeover of companies, and regulating mutual funds, among many others.
SEBI constantly endeavors to protect investors' interests by providing them with relevant information, promoting investor education, and enhancing market transparency. It enforces disclosure norms for listed companies, ensuring that accurate and timely information is made available to investors and the public.
Overall, SEBI is an essential regulatory body in India's financial system, bringing about transparency, fairness, and investor protection to the securities market, while also nurturing its growth and development.
