Securities and Exchange Board of India (SEBI) : The Securities and Exchange Board of India (SEBI), a STATUTORY body appointed by an Act of Parliament (SEBI Act, 1992), is the chief regulator of securities markets in India. SEBI functions under the MINISTRY of Finance. The main objective of SEBI is to facilitate growth and development of the capital markets and to ensure that the interests of investors are protected. The Securities Contracts Regulation Act, 1956 is administered by SEBI.

SEBI has codified and notified regulations that COVER all activities and intermediaries in the securities markets.

The Reserve Bank of India (RBI) : The Reserve Bank of India regulates the money MARKET segment of securities market. As the manager of the government’s borrowing program, RBI is the issue manager for the government. It controls and regulates the government securities market. RBI is also the regulator of the Indian banking system and ensures that banks follow prudential norms in their operations. RBI also conducts the monetary, forex and credit policies, and its actions in these markets influences the supply of money and credit in the system, which in turn impact the interest RATES and borrowing costs of banks, government and other issuers of debt securities.

Securities and Exchange Board of India (SEBI) : The Securities and Exchange Board of India (SEBI), a statutory body appointed by an Act of Parliament (SEBI Act, 1992), is the chief regulator of securities markets in India. SEBI functions under the Ministry of Finance. The main objective of SEBI is to facilitate growth and development of the capital markets and to ensure that the interests of investors are protected. The Securities Contracts Regulation Act, 1956 is administered by SEBI.

SEBI has codified and notified regulations that cover all activities and intermediaries in the securities markets.

The Reserve Bank of India (RBI) : The Reserve Bank of India regulates the money market segment of securities market. As the manager of the government’s borrowing program, RBI is the issue manager for the government. It controls and regulates the government securities market. RBI is also the regulator of the Indian banking system and ensures that banks follow prudential norms in their operations. RBI also conducts the monetary, forex and credit policies, and its actions in these markets influences the supply of money and credit in the system, which in turn impact the interest rates and borrowing costs of banks, government and other issuers of debt securities.