New Delhi, Sept. 24 -- India's expanding and increasingly sophisticated economy requires a more diverse pool of financing, with banks and capital markets playing complementary roles, Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey said on Wednesday.

Addressing the 13th SBI Banking & Economics Conclave, Pandey noted that India's financing needs span infrastructure, manufacturing, urbanisation, energy transition, micro, small and medium (MSMEs) and technology-driven businesses, requiring different forms of capital.

"India's aspirations are large. We need capital for infrastructure and manufacturing. We need it for urbanisation and energy transition. We need finance for MSMEs as well as large companies. We need ca...