CII lauds SEBI’s capital market reforms

The recent reforms initiatives taken by the capital market regulator, the Securities and Exchange Board of India (SEBI), will strengthen investors’ confidence in the Indian economy, industry lobby Confederation of Indian Industry said Wednesday. “Exhibiting sensitivity towards the users’ need for simplification and meaningful disclosures, the initiatives will generate confidence in the domestic markets and also send the right message to the international investing community,” said CII Director General Chandrajit Banerjee. He said the recent initiatives by SEBI would strengthen surveillance and enhance investor protection.

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