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Sitharaman Urges SEBI AI, Simplified KYC, Investor Literacy

4/26/2026

Summary

Story summary

Finance Minister Nirmala Sitharaman urged SEBI to deepen collaboration with global regulators and adopt AI to curb cyber risks at a Mumbai event.
She called for simplifying KYC rules across all instruments and launched “Mission Jagrook,” a drive to boost literacy and shield retail investors from digital fraud.
SEBI Chairman Tuhin Kanta Pandey said India has over 5,900 listed companies, more than 140 million investors and nearly INR10 trillion of primary-market capital formation.

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Story summary

Finance Minister Nirmala Sitharaman urged SEBI to deepen collaboration with global regulators and adopt AI to curb cyber risks at a Mumbai event.
She called for simplifying KYC rules across all instruments and launched “Mission Jagrook,” a drive to boost literacy and shield retail investors from digital fraud.
SEBI Chairman Tuhin Kanta Pandey said India has over 5,900 listed companies, more than 140 million investors and nearly INR10 trillion of primary-market capital formation.