New Delhi, April 25 -- Finance Minister Nirmala Sitharaman on Saturday highlighted the transformation of India's financial markets, saying they have travelled a "remarkable distance" over the years, evolving into a robust, technology-driven and globally competitive ecosystem.
Addressing the 38th foundation day of the Securities and Exchange Board of India (SEBI), the Minister traced the journey of Indian markets from traditional trading rings to modern electronic order books, from physical share certificates to full dematerialisation, and from fragmented oversight to real-time regulatory supervision.
She said the evolution of the markets has been shaped by past challenges, noting that periods of stress and volatility helped strengthen reg...