Risk Aversion, Trust Deficit Hinder Market Participation: SEBI WTM Varshney
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Moneycontrol•06-03-2026, 13:10
Risk Aversion, Trust Deficit Hinder Market Participation: SEBI WTM Varshney
•SEBI Whole-Time Member Kamlesh Chandra Varshney states risk aversion and trust deficit keep retail market participation low despite high awareness.
•A SEBI 2025 survey revealed 63% awareness of capital markets, but only 9.5-10% invest, with low participation even in urban areas.
•Trust deficit stems from scams involving fake apps, payments, wrong advice, and influencers, causing people to lose money and affecting even educated individuals.
•SEBI introduced 'SEBI Check' via the Saarthi 2.0 app/website to verify intermediaries' QR codes and bank accounts before fund transfers.
•SEBI partnered with Google for a 'verified' mark on Android apps and implemented structural safeguards like pledge/re-pledge mechanisms to segregate client funds.
