Mumbai, Aug. 21 -- Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Thursday underlined the urgent need for innovation in capital markets that not only widens opportunities but also reduces compliance costs, making the system safer and more accessible for both issuers and investors. He was speaking at the 22nd Annual Capital Markets Conference (CAPAM2025), organised by FICCI.

Pandey stressed that reforms must actively support faster capital formation while ensuring long-term investor engagement. "Innovation in the capital market must lower friction and compliance cost for issuers, investors and intermediaries, while managing the risk. It should also provide a diverse range of opportunities depending upon the r...