Regulating Bodies

A new paradigm for regulation of financial markets

Five major regulatory bodies regulate the Indian financial system. They are:

RBI is an elite monetary institution

The Reserve Bank of India was established in Calcutta in April 1935. It later moved to Mumbai in 37. The Govt. currently owns the RBI after it was nationalized in 1949. The Govt. It has 19 regional offices, mainly in the state capitals, as well as 9 sub-offices. It is also the Indian Rupee's issuer. The RBI is responsible for regulating the country's banking and financial system by issuing general guidelines and instructions.

Role for RBI

You can control the money supply

Keep an eye on key indicators such as GDP and inflation

By providing tools like the 'Ombudsman,' you can maintain people's trust in the financial system and banking system.

Inflation control, bank credit, and interest rate control are some of the monetary policies that can be developed

SEBI is the regulator of the securities market

Securities Exchange Board of India (SEBI), was established in 1988. It received legal status in 1992 in order to regulate the functions of the securities market in order to prevent malpractices and protect investors. SEBI has its headquarters in Mumbai, with regional offices in New Delhi (Chennai), Kolkata and Chennai.

Role for SEBI                                                                                                                                  

Proper education and guidance can protect the investment interests

Control and regulate the stock exchanges and security markets.                                                             

Stop capital market fraud

Check out the stock market performance

Insurance Regulatory and Development Authority of India, (IRDAI).

IRDAI, an independent apex body, is responsible for developing and regulating the Indian insurance industry. The Indian Parliament established it in 1999 with an act. IRDA is a regulator and promoter of insurance in India. Its headquarters are in Hyderabad, Telangana.

Forward Market Commission of India

FMC, a regulator authority, is based in Mumbai and is managed by the Ministry of Finance. India. It is a statutory organization, established under the Forward Contracts Regulation Act, 1952. The commission permits commodity trading on 22 Indian exchanges. FMC has been merged into SEBI.

Pension Fund Regulatory and Development Authority, (PFRDA).

PFRDA, which was established in October 2003 by Government of India to regulate and develop the Indian pension sector, was created in September 2004. In January 2004, the National Pension System (NPS), was established with the aim of providing retirement income for all citizens. NPS's goal is to implement pension reforms and encourage saving for retirement.