India pushes for unified financial rules to boost investor confidence
India’s financial sector stands out as the most stable among emerging markets, according to Anuradha Thakur, Secretary of the Department of Economic Affairs (DEA). She has now called for a major push to streamline regulations across key financial bodies to ease investor compliance burdens in the country.
Thakur highlighted the need for better coordination between the Securities and Exchange Commission (SEC), the Reserve Bank of India (RBI), and the Insurance Regulatory and Development Authority of India (IRDAI). Currently, overlapping rules create unnecessary friction for investors in the Indian financial market, she noted.
Thakur’s proposals aim to simplify compliance while strengthening market efficiency in India. The focus on regulatory alignment and GST benefits could reshape investor confidence in India’s financial landscape. Her remarks also underscore the sector’s resilience compared to other emerging economies in the world.
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