IRDA, SEBI, PFRDA, FMC may be merged into single agency
Supreme financial regulators like- Insurance Regulatory and Development Authority (IRDA), Securities and Exchange Board of India (SEBI), Pension Fund Regulatory and Development Authority (PFRDA) and Forward Markets Commission (FMC) should be merged into a Unified Financial Agency (UFA), suggesting legislative reforms in the financial sectors a government-appointed panel said recently. Read more