The issue of regulatory independence has hit a new low, thanks to a 3-way war of words involving Dr KM Abraham, Former Whole Time Member at SEBI; UK Sinha, current SEBI Chairman and the Finance Ministry.
Abraham has accused the Finance Ministry of interfering in high profile cases being decided at SEBI. The ministry says his allegations areDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!