Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey emphasized the critical role of data in the functioning of India’s capital markets. He compared data to essential infrastructure, highlighting its increasing significance in market operations and regulation.
Pandey pointed out that efficient data management and access are vital for transparency, investor protection, and market development. He stressed the need for robust data systems to support the evolving landscape of capital markets.
**Why this matters**
As capital markets become more complex and technology-driven, the reliance on accurate and timely data grows. Effective data infrastructure can enhance market efficiency, improve regulatory oversight, and foster investor confidence, contributing to the overall stability and growth of financial markets in India.
Source: NewsData