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Chapter: 12th Commerce : Chapter 8 : Financial Markets : Securities Exchange Board of India (SEBI)

Securities Exchange Board of India (SEBI)

Securities and exchange Board of India (SEBI) was first established in the year 1988 as a non-statutory body for regulating the securities market.

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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12th Commerce : Chapter 8 : Financial Markets : Securities Exchange Board of India (SEBI) : Securities Exchange Board of India (SEBI) |


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