Securities and Exchange Board of India
Full Form of SEBI
What is SEBI?
The Securities and Exchange Board of India, universally known as SEBI, is the statutory regulatory body entrusted with overseeing and regulating the Indian securities market. Established as a non-statutory body in 1988, it was granted autonomous and statutory powers through the SEBI Act of 1992, with its headquarters located in Mumbai. SEBI's primary mandate is to protect the interests of investors in securities, promote the development of the securities market, and regulate its operations to ensure a fair and transparent ecosystem. In the Indian context, SEBI formulates rules and regulations for stock exchanges, brokers, merchant bankers, mutual funds, and other market intermediaries. It monitors trading activities to prevent malpractices like insider trading and price manipulation, while also approving and regulating initial public offerings (IPOs). SEBI is widely referenced in financial news, corporate filings, and investor education. Its role is pivotal for the orderly growth of India's capital market, which channels household savings into productive investments. For students preparing for competitive examinations such as RBI Grade B, NABARD, UPSC, and SEBI Grade A itself, a thorough understanding of SEBI's structure, powers, and recent regulatory reforms is essential, as questions frequently appear on financial market regulators and their functions.
SEBI का फुल फॉर्म
भारतीय प्रतिभूति और विनिमय बोर्ड
Example
The company's draft red herring prospectus has been filed with SEBI for its upcoming initial public offering.