SEBI Full Form : Security Exchange Board of India
What Does SEBI Stand For?
Securities and Exchange Board of India (SEBI) was first settled in 1988 as a non-legal body for managing the protections advertise. It turned into a self-sufficient body on 12 April 1992 and was concurred legal forces with the death of the SEBI Act 1992 by the Indian Parliament. Before long SEBI was comprised as the controller of capital markets in India under a goals of the Government of India.
SEBI has its base camp at the business locale of Bandra Kurla Complex in Mumbai and has Northern, Eastern, Southern and Western Regional Offices in New Delhi, Kolkata, Chennai, and Ahmedabad individually. It has opened neighborhood workplaces at Jaipur and Bangalore and has likewise opened workplaces at Guwahati, Bhubaneshwar, Patna, Kochi and Chandigarh in Financial Year 2013 – 2014.
Controller of Capital Issues was the administrative authority before SEBI appeared; it got authority from the Capital Issues (Control) Act, 1947.
What is the function of SEBI in India?
Securities and Exchange Board of India (SEBI) is a statutory regulatory body entrusted with the responsibility to regulate the Indian capital markets. It monitors and regulates the securities market and protects the interests of the investors by enforcing certain rules and regulations.
What is the main work of SEBI?
Protections and Exchange Board of India (SEBI), is a legal administrative body built up by an Act of Parliament, to ensure the premiums of financial specialists in protections, to advance the improvement of and to manage the protections advertise.