NSE Chairman Calls for Regulatory Review of Stock Exchange Listing in India
What happened
The chairman of the National Stock Exchange of India Ltd (NSE) stated that the country's capital markets have matured. He told Reuters that the markets regulator, the Securities and Exchange Board of India (SEBI), should reconsider allowing stock exchanges to list on their own platforms. NSE dominates India's domestic equity markets, with 80 per cent of its revenue derived from trading activities.
From businesstoday.in
Why it matters
The call targets the existing operational policies of SEBI regarding how exchanges are allowed to list. The maturity of the markets is cited as the justification for this potential policy shift.
India's capital markets are currently undergoing evaluation through proposed reforms put forth by the Securities and Exchange Board of India.
From businesstoday.in
Who's involved
- Securities and Exchange Board of IndiaMarkets regulator whose policies regarding exchange listing are called into question
Keep exploring
Part of
India's capital markets are being regulated through proposed reforms by the Securities and Exchange Board of India.Also in this story
- The Securities and Exchange Board of India proposes changes to the derivative trading framework.
- SEBI proposed relaxing digital KYC requirements for overseas clients.
- The Securities and Exchange Board of India is considering a major overhaul of the IPO framework.
- Introduces special windows for legacy share certificates in the Indian market.