Active Stocks
Tue Apr 23 2024 10:27:15
  1. Tata Steel share price
  2. 162.45 0.37%
  1. NTPC share price
  2. 345.85 0.82%
  1. Tata Motors share price
  2. 983.10 0.98%
  1. HDFC Bank share price
  2. 1,513.60 0.09%
  1. State Bank Of India share price
  2. 773.20 0.96%
Business News/ Budget / News/  Budget 2021: Govt to notify Sebi as gold exchanges regulator
BackBack

Budget 2021: Govt to notify Sebi as gold exchanges regulator

FM, in her budget speech said finance ministry will notify Sebi as regulator for gold exchanges.

Sebi to be the regulator for gold exchanges. (Bloomberg)Premium
Sebi to be the regulator for gold exchanges. (Bloomberg)

The Finance Minister Nirmala Sitharaman in her budget speech on Monday said finance ministry will notify Securities and Exchange Board of India (Sebi), the capital markets watchdog as regulator for gold exchanges. This was earlier recommended by a committee appointed by the finance ministry under NITI Aayog member Ramesh Chand.

The FM proposed to launch a unified securities market code.

The securities market code will include the Sebi Act, Depositories Act and Government Securities Act, Finance Minister Nirmala Sitharaman said while presenting the Budget for 2021-22 in Parliament.

Towards investor protection, the Finance Minister proposed to introduce an investor charter as a right for investors in all financial products.


Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 01 Feb 2021, 12:37 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App