Retail Broking's Next Wave Expected from Towns and Villages, Says SEBI Chairman Pandey
SEBI Chairman Tuhin Kanta Pandey announced that the next growth in retail broking will emerge from towns and villages rather than just big cities. Speaking at the 16th International Capital Market Convention, he emphasized the importance of brokers guiding clients and understanding their needs. He expressed concern over the reliance of many investors on unregistered advisers and highlighted the success of SEBI's campaign “Samajh Se Investing Simple,” which has reached over 15 crore views. Pandey also urged market participants to prioritize cybersecurity and noted that India's economic growth is projected at around 7 percent this year, driven by its young population and ongoing reforms.
The Radius summarizes this story. Read the original report from TRN Business.
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