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Gold exchange blueprint tops Sebi's board meet agenda on February 17

The Sebi board is set to discuss the structure and challenges while setting up a spot gold exchange as proposed in the Union Budget last week

Photo: Reuters
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Sebi, it has been learnt, was initially not in the favour of regulating spot commodities given the different dynamics | Photo: Reuters

Shrimi Choudhary New Delhi
The Securities and Exchange Board of India (Sebi) board is likely to discuss various Budget proposals related to the securities market, especially the road map of a bullion exchange, during its February 17 meeting, said a senior official said. Finance Minister Nirmala Sitharaman is set to address the market regulator's board as part of a customary practice after the presentation of the Union Budget. 

The Sebi board is set to discuss the structure and challenges while setting up a spot gold exchange as proposed in the Union Budget last week. It’s the first time the regulator will regulate a spot commodity

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