New Delhi, Feb. 12 -- The Securities and Exchange Board of India (Sebi) will look to reduce the cost of capital and lighten regulatory burdens to sharpen India's competitiveness, its chairman Tuhin Kanta Pandey said on Thursday.

"The cost of capital is an important cost and it should come down," Pandey said at the sixth Annual International Research Conference hosted by the National Institute of Securities Markets. "Efficiency, cost efficiency of all our measures is important because if you have to build competitiveness [and] there is a compliance burden on regulation which is too high in terms of cost and time, then obviously to that extent the competitiveness also goes down," he added.

Addressing last week's settlement disruption betw...