Trying to resolve issues in NSE IPO: Sebi chief

THE SECURITIES AND Exchange Board of India (Sebi) is trying to resolve issues that are delaying the initial public offering of the National Stock Exchange (NSE), chairman Tuhin Kanta Pandey said on Thursday.

- ANANYA GROVER

He added that Sebi will not let commercial interest supersede general public interest while deciding on the public issue of the country's largest exchange.

"It is an ongoing discussion, the exchanges are also first-line regulators," Pandey told reporters on the sidelines of the 18th CII Corporate Governance Summit.

Pandey said India has adopted a model where commercial or for-profit entities have become exchanges, and made it clear that it is the regulator's job to ensure that the interest of the general public is not compromised.