Appoitment of Mr. G V Ramakrishna as SEBI Chaiman

Mr G.V Ramakrishnana has been appointed the new chairman of the Securities and Exchange Board of India (SEBI). A new Chairman for SEBI became necessary when Mr. S A Dave, the first SEBI Chairman also took up the stewardship of Unit Trust of India with the exit of Mr. M J Pherwani.

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SEBI promotes standardised reporting, savings of over Rs. 200 crore over 5 years, 90 percent reduction in reporting requirements for Brokers or Members, lower cost of entry for new fintech.

History comes alive. Watch an interesting discussion of Mr. Pratip Kar, SEBI‘s longest serving Executive Director with Ms. Latha Venkatesh of CNBC. It is a rare insider‘s account of SEBI‘s origin, its initial struggles, its battles against major market scams, lots of untold stories and a candid take on its landmark successes you don‘t want to miss.