Quick Summary
Securities and Exchange Board of India (SEBI) plays an important role in regulating all the players operating in the Indian capital market. SEBI is a statutory body and a market regulator, which controls the securities market in India. The primary functions of SEBI is to protect the interests of inv
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FAQ :
SEBI is warning the public about fraudulent calls, emails, and messages that falsely claim to be from SEBI officials offering money refunds.
Fraudsters are impersonating SEBI officials from a 'Recovery and Refund Department' and falsely informing people about refunds through phone calls, emails, or messages.
No, SEBI does not ask for any processing fees or money in any form when refunds are to be issued, such as those ordered by a court.
The public should be cautious and not part with any documents or money in response to such calls, emails, or messages.
The public can verify refund process details and check the employee directory on SEBI's official website, www.sebi.gov.in.
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