On the occasion of Sebi Foundation Day, the Securities and Exchange Board of India (SEBI) unveiled its new logo at a ceremony held in Mumbai. The new logo represents SEBI’s commitment to facilitating economic growth through capital formation, while also incorporating the power of technology and data into policy-making.
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More About The new Logo of SEBI:
The logo retains the traditional blue color palette but also reflects a vision for a modern and prosperous India. Former and present members of SEBI were present at the unveiling ceremony.
Significance of the new logo:
Madhabi Puri Buch, the Chairperson of SEBI, explained that the new logo is intended to represent SEBI’s combination of traditional values and its modern, technology-driven approach to its three areas of focus in the securities market: market development, market regulation, and investor protection.
SEBI’s history is closely tied to significant events in India’s financial markets, such as the Harshad Mehta scam in 1992, which led to the establishment of the SEBI Act. Over time, SEBI has evolved to become more focused on protecting investors and promoting market growth, as reflected in its recent rebranding efforts.
- SEBI (Securities and Exchange Board of India) is a regulatory body for the securities and commodity market in India.
- It was established on April 12, 1988, and is owned by the Ministry of Finance.
- SEBI was given more power and authority with the SEBI Act following the Harshad Mehta scam in 1992.
- SEBI has focused on protecting investors and promoting market growth over the years.
- The organization has rebranded itself as an investor-friendly body.
- SEBI has implemented significant rules and regulations to shape the securities and commodity markets in India.
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