New Delhi : To deepen capital markets, Sebi pitched for allowing investment of pension money into various securities instruments and to create an enabling environment for REITs to flourish, as Finance Minister Arun Jaitley reviewed the state of capital markets in the country.
In his first post-Budget meeting with the Securities and Exchange Board of India’s (Sebi) board, Jaitley also discussed the capacity building and other infrastructure needs for merger of commodities regulator FMC with Sebi to create a unified markets regulator. Jaitley also discussed the recent trends related to investments by foreign portfolio investors and domestic institutional investors in the securities markets.
“They (Sebi) talked about capacity building at Sebi, both in terms of ability to acquaint with the subjects and other infrastructure requirements,” the Finance Minister said about the discussions on FMC merger during his customary post-Budget address to Sebi board.
