1 Replies
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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