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Regulators very experienced, says FM on Adani Group row

A bench headed by Chief Justice DY Chandrachud also told Solicitor General Tushar Mehta to convey to the officials of the Securities and Exchange Board of India (SEBI) that it was not “planning any witch hunt”.

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Finance Minister during post-Budget address to RBI’s board. Pic/PTI

Finance Minister during post-Budget address to RBI’s board. Pic/PTI

Finance Minister Nirmala Sitharaman on Saturday said the country’s regulators are very experienced and are seized of the matter relating to the Adani Group crisis.

The minister was replying to a question on the observations of the Supreme Court on public interest litigations (PILs) alleging exploitation of investors and “artificial crashing” of the Adani Group’s stocks.

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