Want to create an interactive transcript for this episode?
Podcast: Moneylife News Bites
Episode: SEBI & RBI Act Swiftly To Control Bull Market Excesses
Description: Indian financial regulators are taking action to prevent a potential financial crisis. The Reserve Bank of India (RBI) has penalised several financial institutions for violating regulations and curbed risky lending practices. The Securities and Exchange Board of India (SEBI) is asking mutual funds to be cautious about investing in small-cap stocks. These actions have been criticised by some who argue they stifle growth, but regulators are taking a proactive approach to prevent a future disaster. Listen to this week's episode to learn what Debashis Basu has to say about the regulatorβs actions. Hosted on Acast. See acast.com/pr...