What is SEBI (Securities and Exchange Board of India)?
Securities and Exchange Board of India (SEBI) is a regulatory body which exercises full control over the securities market in India. In 1988, the Government of India established SEBI especially to observe the stock market activities, but it was found ineffective in controlling and regulating them. As a result on 12 April 1992, the Government of India gave statutory powers through the SEBI Act. SEBI operates from its headquarter in Mumbai with its four Regional Offices such as Northern in New Delhi, Eastern in Kolkata, Southern in Chennai and Western Regional Offices in Ahmedabad. Continue reading