Market geared up to aid India achieve $5tn economy mark: SEBI Chairman
Zee Business , Jul 22, 2020
India`s equity market is geared up to aid the country achieve the $5 trillion economy mark, SEBI Chairman Ajay Tyagi said on Wednesday.
Speaking at the FICCI`s 17th Annual Capital Market Conference `CAPAM2020`, Tyagi said the equity market systems are well geared up to take on the current challenges.
The theme of the conference is `Atmanirbhar Bharat: Role of Capital Market`.
He acknowledged that the country is passing through a difficult, stressful and challenging time due to the Covid-19 outbreak.
Besides, Tyagi called for the development of the country`s corporate bond market.
Terming the segment as critical, he pointed that some initiatives in this regard have been taken, however, more reforms are required.
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