In his first public address as the 11th Chairman of SEBI, Tuhin Kanta Pandey emphasised India's economic resilience and the need for long-term capital to drive growth. At Moneycontrol’s Global Wealth Summit, he highlighted key reforms, investor participation, and India’s attractiveness as an investment destination.
Top Quotes from SEBI Chairman Tuhin Kanta Pandey’s First Address
On India’s Growth Resilience:
"India has shown resilience in the face of global headwinds. We need to build on this strength to sustain growth."
On Economic Growth & Vision for Viksit Bharat:
"As per IMF estimates, emerging markets are expected to grow at 4.2 percent in 2025, while India is projected to grow at 6-6.5 percent. We aspire to accelerate this growth beyond forecasts through Viksit Bharat efforts."
On Government’s Growth Strategy:
"The government’s vision, as outlined in the Budget, is built on four pillars: agriculture, MSMEs, investment, and exports—along with major reforms in taxation, power, urban development, the financial sector, and regulation."
On India’s Expanding Investor Base:
"In March 2020, there were 49 million unique investors in SEBI's ecosystem. Today, that number has surged to 136 million."
On Market Expansion & Capital Growth:
"The current fiscal year (April-Jan) has seen record equity issuance of Rs 4 trillion—twice that of the previous year. Access to capital markets drives expansion, productivity, and innovation, fueling economic growth."
On Strengthening India’s Financial Markets:
"We need long-term capital—both equity and debt—to foster economic growth. New financial instruments like REITs and InvITs are key to this process."
On SEBI’s Market Reforms & Transparency:
"SEBI has taken steps to reduce risks and protect investors by enhancing efficiency, transparency, and leveraging technology."
On Strengthening Domestic Investment:
"Increasing participation by domestic institutional investors has led to greater domestic ownership, making Indian markets more resilient."
On Foreign Investment & Investor Engagement:
"India has consistently attracted global investments, and long-term capital will further support entrepreneurship. We are committed to creating a conducive environment for foreign investors."
On Regulatory Confidence & Investor Trust:
"A well-regulated market instills confidence in investors. Maintaining trust and transparency is paramount for financial markets to thrive."
On Trust & Transparency in Markets:
"Maintaining trust and transparency is paramount. A well-regulated market instills confidence in investors."
On Governance & Conflict of Interest:
"We need to be more transparent, including on conflicts of interest at the board level. We will disclose these conflicts to the public transparently."
On Regulation & Ease of Doing Business:
"We won’t focus on maximum regulation but on optimum regulation. Ease of doing business at all points—entry, transaction, and exit—is necessary."
On SEBI’s Four Pillars: Trust, Transparency, Teamwork & Technology:
"Trust and transparency, teamwork and technology—these will shape the future of our markets. Teamwork extends beyond SEBI to all market participants."
On Market Integrity Through Technology:
"We must use technology to enhance transparency and ensure market institutions operate with integrity. For that, we need teamwork."
On SEBI’s Role & Collaboration:
"Teamwork is not just within SEBI but also with others—SEBI plus all stakeholders. Together, we can build a more conducive ecosystem."
On Investor Awareness & Risk Management:
"We must educate investors about risk, wealth management, and capital allocation. A well-planned approach to debt and equity allocation is essential for financial security."
On Long-Term Vision for India’s Markets:
"We need to think ahead—how will India’s markets look in 2047? Our actions today must align with that vision."
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