India's growth journey is deeply intertwined with strength of its financial markets, says SEBI Chair

Tuhin Kanta Pandey, Chairman of Securities and Exchange Board of India (SEBI) has stated that India's growth journey is deeply intertwined with the strength of its financial markets. Over the years, the financial sector has evolved from being a facilitator of credit to a key enabler of growth and inclusion. India's financial sector today functions as an integrated ecosystem consisting of Banks, corporates, mutual funds, insurers, pension funds and fintechs. Recent years have tested financial systems globally'rapidly changing trade policies, rising public debt and geopolitical tensions have created uncertainty in markets everywhere. However, India's financial system has remained stable and resilient, opined Pandey. He stated further that over the past few years; SEBI has undertaken several measures to make the market structure more robust and investor-friendly. Our focus must remain to build a financial system that is strong yet agile, innovative yet responsible, and inclusive yet resilient through optimum regulation and effective collaboration.

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