Indian ministry defends SEBI against conflict of interest allegations involving its chairperson.

The Indian Finance Ministry has defended the Securities and Exchange Board of India (SEBI) against allegations of conflict of interest involving SEBI Chairperson Madhabi Puri Buch. The ministry highlighted SEBI's internal mechanisms, including a disclosure framework and a Code of Conduct, designed to address such issues. Despite the government's assurance, critics doubt the effectiveness of these measures.

4 months ago
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