V. Keshavdev

1 month ago | fortuneindia.com | Sourav Majumdar |V. Keshavdev |Ashutosh Kumar

Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India (Sebi), shares a compelling vision for the regulator’s role in India’s dynamic capital market, emphasising balanced regulation and sustainable market growth. You have spoken about building trust between Sebi and market participants and doing away with excessive micromanagement and outdated roles. Could you elaborate on what you meant by that?

1 month ago | fortuneindia.com | Sourav Majumdar |V. Keshavdev |Ashutosh Kumar

The Securities and Exchange Board of India (Sebi) is taking a measured view of whether the accelerated settlement mechanism from T+1 to T+0 is essential for the market’s long-term architecture or simply a technological milestone that doesn’t require universal adoption. In a candid conversation with Fortune India, Sebi Chairman Tuhin Kanta Pandey firmly pushed back against the idea that shortening the settlement cycle is turning the market into a trader’s arena. “That comparison is not appropriate.

1 month ago | fortuneindia.com | Sourav Majumdar |V. Keshavdev |Ashutosh Kumar

The new Sebi chief believes that transition to T+0 enhances investor protection by ensuring that clearing corporations directly credit securities to demat accounts, bypassing intermediaries. “Securities are safe because the clearing corporation directly credits them to your demat account, not through brokers. To that extent, this system is superior in terms of investor protection, money protection, and securities protection,” he said.

1 month ago | fortuneindia.com | Sourav Majumdar |V. Keshavdev |Ashutosh Kumar |Nishikant Ghamre

“I want to dispel that opinion [that Sebi has been reluctant to allow the IPO]. BSE is already listed, so there’s no reason why NSE cannot be listed as well,” Pandey told Fortune India. The issue, he clarified, isn’t opposition in principle, but a set of significant structural concerns that must be addressed before the regulator can move forward.

Jan 11, 2025 | fortuneindia.com | V. Keshavdev

IN THE FIRST SEVEN MONTHS of FY25, equity inflows into mutual funds have seen a remarkable surge, reaching ₹3.07 lakh crore. Among the various categories, thematic and sectoral funds have clearly been the standout performers, pulling in an impressive ₹1.08 lakh crore. These funds have captured investor interest by focusing on specific themes and growth-oriented sectors, reflecting a more strategic and focused approach to investing.