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Podcast: Moneylife News Bites
Episode: SEBI's Powers to Grow. Who Will Oversee It?
Description: The government is quietly moving to give SEBI sweeping new powers through the proposed Securities Markets Code—but crucial details remain hidden from the public. There is no draft Bill, no white paper, and no clarity on how expanded authority will be balanced with accountability.In this audio, Sucheta Dalal examines why consolidating India’s securities laws may be necessary—but dangerous—if governance failures remain unaddressed. From decades-old regulatory fragmentation and the unchecked expansion of depositories like NSDL, to unresolved conflicts of interest and weak oversight within SEBI itself, the risks are systemic.The co...