SEBI's role is maintaining the integrity of markets: Tuhin Kanta Pandey

SEBI chief Tuhin Kanta Pandey

Newly appointed SEBI Chief Tuhin Kanta Pandey on Friday in an interview to Lakshman Roy, Economic Policy Editor at CNBC Awaaz, said that the SEBI's role is that of maintaining the integrity of the equity markets.

Tuhin Kanta Pandey also reaffirmed the market regulator's commitment to investor protection and outlined plans to strengthen financial awareness through dedicated investor education programmes.

SEBI @CNBC_Awaaz Economic Policy Editor @RoyLakshman#EXCLUSIVE SEBI Chief @SEBI_India#Tuhinkantapandey#SEBIChiefpic.twitter.com/T08AKq8vw0

CNBC-AWAAZ (@CNBC_Awaaz) March 7, 2025

Also the new SEBI chief Tuhin Kanta Pandey on March 7 said India needs both domestic and foreign investors to support growth.

Speaking at Moneycontrol Global Wealth Summit 2025 at a session titled "India’s Growth Story: Opportunities & Prospects", Pandey said, "We will be happy to engage with FPIs and AIF industry participants to address their difficulties and further rationalise regulations to promote ease of operation.."

Pandey's remarks assume significance at a time when Indian equity markets are witnessing persistent selling by foreign investors.

"Country has attracted global investments across the years. The presence of long term capital will further support entrepreneurship. We are aware of need to have conducive environment to encourage foreign investments," said Pandey at his first public event after assuming charge as SEBI chief.

Meanwhile,  Sebi on Friday extended the deadline till March-end to submit public comments on the proposed guidelines on the treatment of unclaimed funds and securities lying with brokers.

The regulator, on February 11, floated the consultation paper regarding the proposal and sought public comments on the same by March 4, 2025. Now, it has been decided to extend the timeline to submit public comments on the consultation paper till March 31, 2025, the Securities and Exchange Board of India (Sebi) said in a report.