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Sectoral Regulators

harshit mehta (88 Points)

23 November 2020

what is sectoral regulator

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Chirag (Professional) (1979 Points)
Replied 28 November 2020

Sectoral Regulator, means, the one who have been assigned powers to issue directions/order /adjudication / take action in their ambit, Like For Banks/NBFCs - RBI is Sectoral Regulator, For Listed Companies /Stock Exchange / Intermediaries( SEBI is Sectoral Regulator) For Insurance Companies (IRDA is Sectoral Regulator) ,In Nutshell Sector Specific Regulator...these are quasi judicial bodies in their own area...

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