Sebi chief leads team to US
Mumbai: In a first of its kind outreachprogramme,aSebidelegation, led by chairman Ajay Tyagi, travelled to three US cities last week and met investors and industry associations.
The visit took place at a time when FPIs were pulling out money from Indian market with the official data showing a net outflow of about $3.8 billion since July this year. The Sebi delegation visited New York, Boston and Washington.
Tygai briefed participants on key aspects, trends and recent developments in the Indian economy and capital markets, a release said. The delegation put spotlight on over $120billion raised through equity and debt markets in the last two years, m-cap of Indian listed companies being in the top 10 global markets, the release said.
The delegates and investors discussed decisions taken by regulator relating to FPIs, primary, secondary market, MFs and corporate bond markets.