India's Financial Regulators Commended for Transparency: FM
By Rediff Money Desk, Mumbai Oct 08, 2024 19:19
Finance Minister Nirmala Sitharaman praises Indian financial sector regulators for their work, emphasizing transparency and contributions to the system.
Mumbai, Oct 8 (PTI) Finance Minister Nirmala Sitharaman on Tuesday commended Indian financial sector regulators for doing a "world-class job" and bringing greater transparency into the system.
Underlining that she is not against questioning or critiquing regulators, Sitharaman said there is a need to be "extremely conscious" about contributions made by them as well.
Speaking at the Financial Express Best Banks Awards here, the finance minister asked everybody to look at the emerging facts that are coming out in the Sebi matter, where the regulator's chairperson Madhabi Puri Buch has been accused of impropriety.
Underlining that she is not against questioning or critiquing regulators, Sitharaman said there is a need to be "extremely conscious" about contributions made by them as well.
Speaking at the Financial Express Best Banks Awards here, the finance minister asked everybody to look at the emerging facts that are coming out in the Sebi matter, where the regulator's chairperson Madhabi Puri Buch has been accused of impropriety.
Source: PTI
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