What is the role of SEBI and why it came into existence?

Finance
#1

SEBI-Securities Exchange Board of India is One of the major regulatory authority.

Overview of SEBI

  • Securities Exchange Board of India (SEBI) was established in 1988 to regulate the functions of securities market.

  • SEBI promotes orderly development in the stock market.

  • SEBI was set up with the main idea to keep a check on malpractices and protect the interest of investors.