India’s capital markets deepening and becoming more resilient

Tuhin Kanta Pandey, Chairman of Securities and Exchange Board of India (SEBI), on Saturday said India’s capital markets are not only expanding but are also becoming deeper, more diversified and resilient despite global uncertainties.

- CORRESPONDENT MUMBAI

Speaking at the Moneycontrol Global Wealth Summit 2026, Pandey said the country’s capital markets have witnessed significant growth over the past decade, driven by rising investor participation, expanding market capitalisation and a rapidly growing alternative investment ecosystem.

“India’s capital markets are no longer merely expanding. They are deepening, diversifying and becoming increasingly resilient,” Pandey said while addressing the summit on the theme “Making Capital Markets More Efficient in Uncertain Times.”

He further noted that “since FY15 our market capitalisation has grown at a CAGR of about 15 percent. The corporate bond market has expanded steadily at a CAGR of around 12 per cent. The primary market has remained an important channel for capital formation, facilitating around Rs 9.7 trillion of capital raising annually.”