Regulatory games can queer the pitch for both markets and economy
The RBI is becoming capricious
The RBI is a super regulator of sorts when it comes to financial markets. Yet, lately, it appears to be becoming capricious. That is extremely dangerous.
SEBI muddies the waters
SEBI’s officers seem content to enjoy their perquisites, act imperious, refuse to reply to email queries, and pass judgements and issue notifications that make a mockery of corporate governance.
Corruption and regulatory processes
Much of asset valuation depends on the whims of India’s regulators. If the government wants an Atma Nirbhar Bharat (self-reliant India), it must reduce this huge generation of sleaze by its regulators — NCLT, SEBI and RBI. Reduce the scope for regulatory games.