The capital market in India is closely monitored and regulated by the Securities and Exchange Board of India (SEBI). Since its establishment in 1992, SEBI has taken on the crucial role of ensuring the smooth functioning of this vital financial sector. One of SEBI’s primary objectives is safeguarding the interests of investors, creating a secure environment for them to participate in the market. Additionally, SEBI works towards fostering the growth and development of the capital market, implementing regulations that promote transparency and fairness.
As the regulatory authority, SEBI plays a pivotal role in overseeing various aspects of the capital market. This includes monitoring transactions, regulating stock exchanges, and ensuring compliance with rules and guidelines. By enforcing stringent measures, SEBI aims to prevent malpractices and market manipulation, maintaining the integrity of the market. Through continuous monitoring and enforcement, SEBI strives to uphold investor confidence and trust in the Indian capital market.
In essence, SEBI holds the reins when it comes to controlling the capital market in India. Its establishment marked a significant step towards regulating and nurturing this crucial sector. Through its regulatory framework and enforcement mechanisms, SEBI works tirelessly to protect investors and promote the sustainable growth of the capital market.
(Response: The Securities and Exchange Board of India (SEBI) controls the capital market in India.)