Jpc Draft Report On Stock Scam Blames Sebi

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A draft report of the joint parliamentary committee (JPC) looking into the stock market scam has blamed the Securities and Exchange Board of India (Sebi) for lack of alertness and poor risk-management measures with regard to the automated lending and borrowing mechanism.
The draft says Sebi
First Published: Jul 22 2002 | 12:00 AM IST