Who is the regulator of capital market in India?
Q. : Who is the regulator of capital market in india?
RBI (it issues Govt-securities)
SEBI (it securities exchange market)
MoF (it decides how much G-sec to be issued) or
all three of them
Ans:
- Capital market = Primary market + Secondary market
- SEBI controls both primary and secondary market. Means SEBI controls the entire capital market.
- RBI is 'controller' only for Banking and not for securities.
- MoF (Ministry of Finance) decides how much Government security is to be issued, but it for filling the Government's money requirement. It doesn't regulate the capital market, it merely participates in it to get money.
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