Sebi now receives lesser complaints, resolves them at faster pace

Even as number of investors has risen, shows SCORES data

The Securities and Exchange Board of India (Sebi) has received fewer complaints on average so far this year, despite monthly grievances rising from their June lows.

The markets regulator received an average of 3,011 complaints every month so far in the 2022-23 financial year (FY23), shows an analysis of data collated from the Sebi Complaints Redress System (SCORES). This is a 15.4 per cent decline over the 3,558 average monthly complaints in FY22. The average monthly figure was higher in FY21 (4,906), FY20 (4,627) and in the pre-pandemic year of FY19 (3,517).

On the other hand, the number of investors