The Economic Times
English EditionEnglish Editionहिन्दीગુજરાતી
| E-Paper
Search
+

    SEBI chief reignites autonomy debate over sharing surplus funds to govt

    Copy URL
    Embed

    Securities and Exchange Board of India (Sebi) chairman Ajay Tyagi has written to finance minister Nirmala Sitharaman, saying budget proposals requiring the transfer of the regulator’s surplus funds to the Consolidated Fund of India (CFI) and prior government nod for its annual capital expenditure plans will affect the entity’s financial autonomy, said a person familiar with the development.

    207views
    Have something to say? Post your comment
    The Economic Times