Fewer complaints, faster resolutions at Sebi
Business Standard|November 10, 2022
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.
SACHIN P MAMPATTA
Fewer complaints, faster resolutions at Sebi

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 has risen significantly over the years.

There are now over 100 million investor accounts compared to 40 million in FY19.

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