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Tuhin Kanta Pandey
Volatility has shot up in the financial markets due to the ongoing West Asia conflict, but the Indian bourses have the capacity to "absorb different types of shocks", Sebi Chairman Tuhin Kanta Pandey said on Monday. When there is a crisis in one part of the world, it also impacts the rest of the globe, Pandey told reporters here on the sideline of the Regional Investors Seminar for Awareness. "Due to the prevailing conflict in West Asia, the oil supply chain and its prices got affected in the rest of the world. All the economies have been affected by this and obviously, there are inflationary risks. Besides, spillover effect and second-order effect will also come in," he said. "However, the advantages of a resilient Indian market are that it is able to absorb different types of shocks, and when these end, the market again resumes its normal trajectory," Pandey said. He also admitted that there have been some foreign portfolio investment outflows since September 2024, but domestic .
Days after the surprise resignation of HDFC Bank non-executive chairman Atanu Chakraborty, capital markets regulator Sebi's chairman Tuhin Kanta Pandey on Monday said independent directors are expected to act responsibly and not make any insinuations. In the comments that come in response to the executive chairman leaving the largest private sector lender, citing concerns on ethics and values, Pandey reminded of the responsibilities of independent directors like Chakraborty. It can be noted that the resignation had led to a sharp correction in the HDFC Bank scrip, as investors became concerned. The independent directors are required to be protectors of the interests of minority shareholders and should act "responsibly", Pandey told reporters here. "No one is expected to make insinuations without proper evidence and recordings," Pandey told reporters in the customary post-board meet interaction. Reading out from statutes, he said there is a system in place to deal with independent
Sebi chairman Tuhin Kanta Pandey on Saturday urged investors, especially retail ones, to remain patient, terming it the "best strategy" in uncertain times. In remarks made amid the Middle East conflict-induced selling pressures in the markets, Pandey said past episodes of turbulence in markets like the onset of the Covid-19 pandemic or the Russia-Ukraine conflict have shown that things stabilise eventually. The Sebi chief said global efforts are underway to restore stability, even as the ongoing tensions in parts of the world have created uncertainty in energy markets. "For many investors -- especially retail investors -- the best strategy during such a period of uncertainty is to remain patient," Pandey said, speaking at an event here. The chief of the Indian capital markets regulator acknowledged that "uncertainty" dominates the global economic landscape, and added that the same is triggered by technology changes with the adoption of artificial intelligence and geopolitical ...
As the number of retail investors surges, Sebi Chairman Tuhin Kanta Pandey said the regulator is intensifying surveillance and technology-driven enforcement to curb rising pre-investment scams that divert funds before investors even interact with registered intermediaries. Pandey, whocompleted one year at the helm of the regulator on March 1, noted that many new and intending investors are being misled by fake trading apps, WhatsApp groups and promises of high returns, often diverting funds to personal accounts of fraudsters long before any engagement with Sebi-regulated intermediaries. He stressed that investor caution must evolve beyond mere awareness to informed action, especially given the country's expanding retail base. Responding to a query on pre-investment frauds, Pandey said many individuals intending to enter the markets are being "hijacked by scamsters" even before they reach a Sebi-registered intermediary. "Someone who is intending to come is actually being trapped by