Mumbai: Finance Minister Nirmala Sitharaman Asked the market regulator on Tuesday SEBI to be cautious about possible volatility in the domestic market due to US Federal ReserveThe decision to increase the interest rate in the world’s largest economy. The FM also asked SEBI to introduce the next generation of market reforms to improve ease of doing business, a SEBI release said.
The FM appreciated the initiatives taken by the regulator and stressed the need for SEBI to take more steps to reduce compliance burden, reduce the cost of market arbitrage and strengthen investor protection initiatives. He further asked SEBI to go ahead with developing the corporate bond market and green bonds in the context of increasing focus on ESG (Environmental, Social and Governance) investments.
The FM was meeting the regulator’s board for the first time since presenting its budget on February 1. It is customary for FMs to address the boards of SEBI and RBI after the annual budget.
FM’s remarks about potential market turbulence came against the backdrop of US FedIt was announced earlier this month that it would raise rates in March and possibly also take steps to ease its bloated balance sheet. It could end the easy money system in America and irrigatedThe decision is expected to impact the flow of funds in emerging markets including India.
During the meeting with the Finance Minister, SEBI Chairman Ajay Tyagi briefed the Minister about the key trends and outlook of the Indian securities market, including fund raising activities and increased participation from individual investors, the release said. .
The FM appreciated the initiatives taken by the regulator and stressed the need for SEBI to take more steps to reduce compliance burden, reduce the cost of market arbitrage and strengthen investor protection initiatives. He further asked SEBI to go ahead with developing the corporate bond market and green bonds in the context of increasing focus on ESG (Environmental, Social and Governance) investments.
The FM was meeting the regulator’s board for the first time since presenting its budget on February 1. It is customary for FMs to address the boards of SEBI and RBI after the annual budget.
FM’s remarks about potential market turbulence came against the backdrop of US FedIt was announced earlier this month that it would raise rates in March and possibly also take steps to ease its bloated balance sheet. It could end the easy money system in America and irrigatedThe decision is expected to impact the flow of funds in emerging markets including India.
During the meeting with the Finance Minister, SEBI Chairman Ajay Tyagi briefed the Minister about the key trends and outlook of the Indian securities market, including fund raising activities and increased participation from individual investors, the release said. .
,