"For promoting a balanced pan India securities market and in order to bring physical proximity of Sebi offices to the investors and intermediaries, Sebi has decided to open local offices in various parts of the country," the regulator said in a statement.
The Patna office is under the administrative control and jurisdiction of Sebi's eastern regional office at Kolkata, it added.
Sebi said the functions of the Patna office include facilitating the redressal of investor grievances against the listed companies and securities market intermediaries, as also spread investor education and financial literacy.