SEBI lagging in aim to raise retail participation in stocks

Saikat Das
Moneycontrol.com

Securities and Exchange Board of India is lagging far behind in its aim to get more retail investors into the stock market, its new chairman UK Sinha said on Thursday. The market regulator has now embarked on a strategy to simplify market investments in its bid to increase retail participation. "India has 8% retail participation in market investments as against 20-33% in South Korea and China. We have huge work to do to increase retail participation," Sinha said. The SEBI chief is also for increased penetration of capital market investments in smaller towns. Presently only 2.6% of India