![Running Short](https://cdn.magzter.com/Business Today/1683791015/articles/j8LW8up4C1683809062305/RUNNING-SHORT.jpg)
THE DAY WAS February 29, 2016. Then Finance Minister Arun Jaitley rose to deliver the Budget speech. As he reached the part focussed on financial sector reforms, he touched upon the subject of the Securities Appellate Tribunal (SAT)—the tribunal that has been set up to hear appeals against orders passed by key regulatory bodies like the Securities and Exchange Board of India (Sebi), Insurance Regulatory and Development Authority of India (Irdai) and the Pension Fund Regulatory and Development Authority (PFRDA).
“I also propose to amend the Sebi Act, 1992, in the coming year to provide for more members and benches of the Securities Appellate Tribunal,” said the late Jaitley who was finance minister from 2014 to 2019.
More than seven years have passed since the statement was made but till date no progress has been made on the announcement. There is just one bench of SAT in Mumbai that is manned by a presiding officer—a retired judge—and two members, one judicial and one technical. In fact, data shows that filling up vacancies at SAT has not always been high on the government’s priority list.
هذه القصة مأخوذة من طبعة May 28, 2023 من Business Today India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة May 28, 2023 من Business Today India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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![DE-RISKING THE BOOKS](https://reseuro.magzter.com/100x125/articles/161/1725442/jESmNTPWP1717765655679/DERISKING-THE-BOOKS.jpg)
DE-RISKING THE BOOKS
INDIAN BANKS ARE BEGINNING TO TAKE BABY STEPS TOWARDS ADDRESSING CLIMATE-RELATED FINANCIAL RISKS IN THEIR BOOKS. BUT THEY MUST PUT THEIR FOOT ON THE PEDAL AND ENHANCE PREPAREDNESS
![PAYING FOR CHANGE](https://reseuro.magzter.com/100x125/articles/161/1725442/oAPvDB_t71717765380982/PAYING-FOR-CHANGE.jpg)
PAYING FOR CHANGE
WITH EXTREME WEATHER INCREASINGLY PUTTING THE COUNTRY AND ITS ECONOMY AT RISK, INDIA SHOULD EXPLORE CLIMATE FINANCE PATHWAYS TO FUND ITS NET-ZERO JOURNEY TOWARDS A GREENER FUTURE
![BEYOND THE BLIP](https://reseuro.magzter.com/100x125/articles/161/1725442/tzIsAwjfd1717764881447/BEYOND-THE-BLIP.jpg)
BEYOND THE BLIP
ESG HAS BEEN UNDER SCRUTINY GLOBALLY AMID ALLEGATIONS OF GREENWASHING AND RECORD REDEMPTIONS FROM ESG FUNDS. BUT THAT MAY JUST BE ONE SIDE OF THE STORY, SINCE SUSTAINABLE PRACTICES HAVE BECOME CORE COMPONENTS OF COMPANIES' STRATEGIES
![BANDHAN AT A CROSSROADS](https://reseuro.magzter.com/100x125/articles/161/1725442/rs8PWsWlw1717761427398/BANDHAN-AT-A-CROSSROADS.jpg)
BANDHAN AT A CROSSROADS
THE BELEAGUERED LENDER, LED BY CHANDRA SHEKHAR GHOSH, HAS FACED A HOST OF CHALLENGES IN RECENT TIMES. IT HAS READIED A BLUEPRINT TO DEAL WITH THEM. BUT WILL IT SUCCEED WITHOUT GHOSH AT THE HELM?
![RESULT AND REPERCUSSIONS](https://reseuro.magzter.com/100x125/articles/161/1725442/kUbxBouy21717761103172/RESULT-AND-REPERCUSSIONS.jpg)
RESULT AND REPERCUSSIONS
After the verdict, the Street has turned cautious with analysts expecting the new government to reassess some of its policy priorities
![D-STREET ANGELS](https://reseuro.magzter.com/100x125/articles/161/1725442/cELHT8wm_1717759457537/DSTREET-ANGELS.jpg)
D-STREET ANGELS
FACED WITH A DEARTH OF PURE-PLAY THEMES IN THE SECONDARY MARKETS, SEASONED INVESTORS LIKE VIJAY KEDIA, MUKUL MAHAVIR AGRAWAL, AND THE JHUNJHUNWALAS HAVE TRAINED THEIR SIGHTS ON THE START-UP
![A Man of Multitudes](https://reseuro.magzter.com/100x125/articles/161/1725442/O-5AS37q81717767719958/A-MAN-OF-MULTITUDES.jpg)
A Man of Multitudes
IN A NEW BOOK, CAPTAINS OF INDIA INC. AND OTHERS PAY TRIBUTE TO RAHUL BAJAJ, THE TITAN OF INDIAN INDUSTRY
![HOUSE OF THE RISING SUN](https://reseuro.magzter.com/100x125/articles/161/1725442/BFI5VM4lG1717767254941/HOUSE-OF-THE-RISING-SUN.jpg)
HOUSE OF THE RISING SUN
WITH THE GOVERNMENT OFFERING SUBSIDIES UNDER THE PM SURYA GHAR MUFT BIJLI YOJANA, MANY HOUSEHOLDS HAVE TAKEN A SHINE TO SOLAR ROOFTOP PANELS. BUT HOW MUCH DO THEY COST?
![FROM GREY TO GREEN](https://reseuro.magzter.com/100x125/articles/161/1725442/Js4WF2MIA1717766932516/FROM-GREY-TO-GREEN.jpg)
FROM GREY TO GREEN
WITH THE CLIMATE CRISIS BECOMING MORE ACUTE, GREEN HYDROGEN COULD BE AN IMPORTANT SOLUTION
![ECO CHAMBER](https://reseuro.magzter.com/100x125/articles/161/1725442/yjblZGQUF1717766583387/ECO-CHAMBER.jpg)
ECO CHAMBER
DATA CENTRES ARE A VERY VITAL PART OF THE DIGITAL TRANSFORMATION THAT IS UNDERWAY, BUT THERE'S A PROBLEM: THEY CONSUME TOO MUCH ENERGY. AS DEMAND FOR SUCH CENTRES INCREASES IN INDIA, IT HAS NO OPTION BUT TO EMBRACE GREEN SOLUTIONS