Chapter: 12th Commerce : Chapter 8 : Financial Markets : Securities Exchange Board of India (SEBI)
Securities Exchange Board of India (SEBI)
FINANCIAL MARKETS
SECURITIES EXCHANGE BOARD OF INDIA (SEBI)
Introduction
Securities and exchange Board of India (SEBI) was
first established in the year 1988 as a non-statutory body for regulating the
securities market. It was made as an autonomous body by The Government of India
on 12 May 1992 and given statutory powers in 1992 with SEBI Act 1992 being
passed by the Indian Parliament. SEBI has its headquarters at the business
district of BandraKurla Complex in Mumbai, and has Northern, Eastern, Southern
and Western Regional Offices in New Delhi, Kolkata, Chennai and Ahmedabad
respectively.
Initially SEBI was a non statutory body without any
statutory power. However, in 1992, SEBI was given additional statutory power by
the Government of India through an amendment to the Securities and Exchange
Board of India Act, 1992
The SEBI is managed by its members, which consists
of following:
Organization Structure of SEBI
Securities and exchange board of
India( SEBI) is an apex body that maintains and regulates our capital market.
It was established in 1988 by Indian government but got the statutory powers in
1992. Well it plays a great role in Indian economy such as it...
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