On 10-11 January 2025, SEBI and the National Institute of Securities Markets (NISM), in collaboration with NSE India, BSEIndia, National Securities Depository Limited (NSDL), and CDSL – Central Depository Services India Ltd, hosted ๐๐๐ฆ๐ฏ๐๐ โ ๐ ๐๐ฒ๐ฆ๐ฉ๐จ๐ฌ๐ข๐ฎ๐ฆ on Securities Market at NSE, Mumbai. The event, themed โCapital for Growthโ, brought together esteemed regulators, policymakers, market leaders, and academicians to discuss key opportunities and challenges shaping Indiaโs securities market.
During the inaugural session, ๐๐๐๐ ๐๐ก๐๐ข๐ซ๐ฉ๐๐ซ๐ฌ๐จ๐ง ๐๐ฆ๐ญ. Madhabi Puri Buch highlighted the expected rise in capital market fundraising, underscoring the growing role of REITs, InvITs, and municipal bonds, while stressing the need for faster SME board clearances. ๐๐๐๐ ๐๐ก๐จ๐ฅ๐-๐๐ข๐ฆ๐ ๐๐๐ฆ๐๐๐ซ, ๐๐ก๐ซ๐ข. Ananth Narayan addressed measures to regulate the derivative market, protect retail investors, and refine risk assessment frameworks.
NITI Aayogโs ๐๐ข๐๐ ๐๐ก๐๐ข๐ซ๐ฆ๐๐ง, ๐๐ก๐ซ๐ข ๐๐ฎ๐ฆ๐๐ง ๐๐๐ซ๐ฒ shared that NITI Aayog is exploring ways to balance the deep government debt market with a more robust corporate debt market to enhance liquidity. ๐๐๐ ๐๐ก๐๐ข๐ซ๐ฉ๐๐ซ๐ฌ๐จ๐ง ๐๐ก๐ซ๐ข ๐๐ก๐๐ฅ๐ฅ๐ ๐๐ซ๐๐๐ง๐ข๐ฏ๐๐ฌ๐ฎ๐ฅ๐ฎ ๐๐๐ญ๐ญ๐ฒ emphasized the importance of deepening capital markets by expanding the pool of listed companies and promoting spot transactions for better price discovery, reducing reliance on derivatives.
Other key speakers included SEBI Whole Time Members such as ๐๐ก๐ซ๐ข. Ashwani Bhatia, ๐๐ก๐ซ๐ข. ๐๐ฆ๐๐ซ๐ฃ๐๐๐ญ ๐๐ข๐ง๐ ๐ก, and ๐๐ก๐ซ๐ข. ๐๐๐ฆ๐ฅ๐๐ฌ๐ก ๐๐ก๐๐ง๐๐ซ๐ ๐๐๐ซ๐ฌ๐ก๐ง๐๐ฒ, along with other esteemed figures in the market.
The symposiumโs opening day featured thought-provoking panel discussions moderated by SEBIโs Whole-Time Members on topics such as Capital Formation, Investor Trust, Social Stock Exchange (SSE) 2.0, Digitization and AI. The second day continued under the theme โReflections and Ideasโ, delving into Corporate Bond Markets, Financial Inclusion, Diversified Market Growth, RegTech & SupTech, Infrastructure Financing.
The event underscored SEBIโs commitment to fostering policy dialogue and market resilience through collaboration. The insights shared during these sessions will undoubtedly contribute to advancing Indiaโs securities ecosystem and promoting sustainable economic growth.
Regstreet Law Advisors team had the privilege of attending this insightful event, gaining valuable perspectives on regulatory and market developments.