SEBI Resolves 3,500+ Complaints in October via SCORES
ECONOMY & POLICY

SEBI Resolves 3,500+ Complaints in October via SCORES

In October, the Securities and Exchange Board of India (SEBI) successfully addressed over 3,500 complaints through its centralised online system, SCORES, showcasing the regulatory body's commitment to efficient grievance resolution in the realm of urban infrastructure. The SEBI's strategic use of technology, particularly the SCORES platform, has played a pivotal role in streamlining the complaint resolution process, ensuring timely redressal for investors and stakeholders.

SCORES, which stands for SEBI Complaints Redress System, serves as a centralised platform for investors to lodge complaints and grievances related to securities and market activities. The resolution of more than 3,500 complaints in a single month highlights the effectiveness of this digital mechanism in handling a significant volume of concerns and disputes.

The successful resolution of these complaints underscores SEBI's dedication to maintaining transparency, accountability, and investor confidence in the financial markets. By leveraging technology, SEBI has created a robust system that enables swift and systematic grievance redressal, contributing to the overall integrity of the urban infrastructure and financial sectors.

The October figures also reflect the proactive approach of SEBI in addressing investor concerns and maintaining market integrity. As a key regulatory body, SEBI plays a crucial role in fostering trust and reliability within the financial ecosystem. The use of SCORES as a digital tool for grievance resolution not only enhances efficiency but also aligns with the broader trend of digitisation and technology adoption in regulatory frameworks to ensure a responsive and investor-friendly environment.

In October, the Securities and Exchange Board of India (SEBI) successfully addressed over 3,500 complaints through its centralised online system, SCORES, showcasing the regulatory body's commitment to efficient grievance resolution in the realm of urban infrastructure. The SEBI's strategic use of technology, particularly the SCORES platform, has played a pivotal role in streamlining the complaint resolution process, ensuring timely redressal for investors and stakeholders. SCORES, which stands for SEBI Complaints Redress System, serves as a centralised platform for investors to lodge complaints and grievances related to securities and market activities. The resolution of more than 3,500 complaints in a single month highlights the effectiveness of this digital mechanism in handling a significant volume of concerns and disputes. The successful resolution of these complaints underscores SEBI's dedication to maintaining transparency, accountability, and investor confidence in the financial markets. By leveraging technology, SEBI has created a robust system that enables swift and systematic grievance redressal, contributing to the overall integrity of the urban infrastructure and financial sectors. The October figures also reflect the proactive approach of SEBI in addressing investor concerns and maintaining market integrity. As a key regulatory body, SEBI plays a crucial role in fostering trust and reliability within the financial ecosystem. The use of SCORES as a digital tool for grievance resolution not only enhances efficiency but also aligns with the broader trend of digitisation and technology adoption in regulatory frameworks to ensure a responsive and investor-friendly environment.

Next Story
Infrastructure Transport

Railway stations in Prayagraj undergo major passenger facility expansion

The Railway Board Chairman and CEO, Satish Kumar, conducted an extensive inspection on Saturday alongside the General Manager of Northern Railway and the officiating General Manager of North Central Railway. Their visit focused on various ongoing projects at multiple stations across the Northern and North Central Railway zones, with particular attention to enhancing facilities for the upcoming Maha Kumbh. During the inspection, Chairman Kumar reviewed the construction of a vital bridge over the River Ganga, specifically between Jhunsi and Prayagraj Rambagh. This bridge is expected to significa..

Next Story
Infrastructure Transport

Madurai-Thoothukudi broad gauge line works under review

The construction of the Madurai-Thoothukudi broad gauge line, which includes the crucial Melmarudur-Tiruparankundram project, is currently under careful review. This update comes from Southern Railway's assistant public information officer, J Kumarasubramanian, following an RTI inquiry made by a concerned citizen, Dayanand Krishnan. The new broad gauge line is projected to cover a total length of 143.5 km, with the initial 18 km stretch between Milavittan and Melmarudur completed and sanctioned by the Commission of Railway Safety on March 8, 2022. While substantial progress has been made on t..

Next Story
Real Estate

DLF expects Rs 26,000 cr from super luxury project in Gurugram

Realty giant DLF is projecting impressive revenue of Rs 26,000 crore from its newly unveiled super-luxury project, The Dahlias, situated in the heart of Gurugram. Ashok Tyagi, the Managing Director of DLF, shared these insights during a recent conference call with market analysts, highlighting the project's potential amidst rising demand for high-end residential properties. The Dahlias project spans an expansive 17 acres and is set to feature approximately 420 ultra-luxury apartments, each boasting a minimum size of 10,300 square feet. This ambitious development has already garnered significan..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000