Introduction
Financial Markets Division is primarily responsible for policy issues related to the development of the securities markets and matters incidental thereto like, External Commercial Borrowings and Foreign Portfolio flows under Foreign Exchange Management Act (FEMA), 1999 other than enforcement work. Since 2013, the Division is entrusted with the development of commodity derivative markets. The division looks after the administrative matters of the Securities and Exchange Board of India (SEBI) and Securities Appellate Tribunal (SAT). The division facilitates the financial Markets Regulatory dialogues with Countries like USA, UK and Japan etc and engages in other such international dialogues and cooperation.
FM Division is responsible for the administration of SEBI Act, Securities Contracts Regulation (SCRA) Act 1956, Depositories Act, 1996 and Section 20 of the Indian Trust Act, 1882 and related regulations and notifications thereunder. Issues related to erstwhile Forward Contracts (Regulation) Act, 1952 is also handled in the FM Division.
Mandate of the Division
The Division envisions to establish India as a global leader in financial markets that are robust, transparent, and efficient, fostering sustainable economic growth and ensuring financial stability. Our vision encompasses a financial ecosystem that is inclusive, facilitating broad-based economic development and empowering every citizen with access to financial services and opportunities for wealth creation.
The Financial Market Division is committed to work collaboratively with all stakeholders, including regulatory bodies, market participants, academic institutions, and international organizations, to realize our vision and mission. We pledge to operate with transparency, integrity, and accountability, continuously seeking to improve our effectiveness in fostering a financial market environment that supports India's aspirations of Viksit Bharat by 2047 for inclusive growth through economic prosperity and social well-being.
Contact Details
| Sl No. | Name of Officer & Designation | Contact No. | Email Id |
|---|---|---|---|
| Shri Solomon Arokiaraj, Additional Secretary (Financial Markets) | +91-11-23094905 | hod-fmddea[at]gov[dot]in | |
| CD Section | |||
| 1. | Shri Deepak Ranjan (Director) | +91-11-23095260 | deepak[dot]ranjan[at]nic[dot]in |
| 2. | Ms. Surobhi Mukurhjee (DD) | +91-11-23095021 | Surobhi[dot]m22[at]gov[dot]in |
| 3. | Ms. Manju Dureja (US) | +91-11-23095142 | mdureja[at]nic[dot]in |
| 4. | Sh. Hari Ram Meena (SO) | +91-11-23095195 | Meena[dot]hariram[at]nic[dot]in |
| IC Section | |||
| 1. | Ms. Dilasha Anand (DD) | +91-11-23095084 | Dilasaha[dot]vasudev[at]gov[dot]in |
| 2. | Shri Pawan Kumar Solanki (SO) | +91-11-23095090 | Pawan[dot]solanki[at]gov[dot]in |
| 3. | Shri Kamlesh Meena (SO) | +91-11-23095090 | Meena[dot]kamlesh[at]gov[dot]in |
| EM Section | |||
| 1. | Shri Pratyush Kumar (Director) | +91-11-23095068 | pratiyush[dot]kumar[at]gov[dot]in |
| 2. | Shri Jasvinder Singh (Deputy Secretary) | +91-11-23095222 | jasvinder[dot]s[at]nic[dot]in |
| 3. | Shri Neeraj Kumar (Assistant Director) | +91-11-23095185 | Neeraj[dot]kumar007[at]gov[dot]in |
| 4. | Shri Arun Gulati (EM) (SO) | +91-11-23095154 | Arun[dot]gulati[at]nic[dot]in |
| 5. | Shri P.L. Meena (ECB) (SO) | +91-11-23095154 | Prahlad[dot]meena[at]nic[dot]in |
| 6. | Shri Ishant Goel, ASO | +91-11-23095185 | |
| 7. | Ms. Preeti Rawat, ASO | +91-11-23095154 | Preeti[dot]rawat01[at]gov[dot]in |
| SM Section | |||
| 1. | Ms. Shashi Kajle (Director) | +91-11-23092744 | shashi[dot]kajle[at]gov[dot]in |
| 2. | Ms. Garishma Goel (DD) | +91-11-23095753 | garishma[dot]goyal[at]gov[dot]in |
| 3. | Ms. Arushi Yadav (AD) | +91-11-23095003 | Arushi[dot]yadav[at]gov[dot]in |
| 4. | Shri Vinod Kumar (SO) | +91-11-23095255 | vinodkumar80[at]nic[dot]in |
| 5. | Shri Vishal Vimal (ASO) | +91-11-23095255 | |
| PM Section | |||
| 1. | Shri Rajesh Panwar (Director) | +91-11-23093170 | rajesh[dot]panwar[at]nic[dot]in |
| 2. | Shri Yash Laddha (DD) | 6267649433 | yash[dot]laddha@gov[dot]in |
| 3. | Shri Vishal Aryan (AD) | +91-11-23095205 | Vishal[dot]aryan[at]gov[dot]in |
| RE Section | |||
| 1. | Shri Shekhar Chaudhary (Director) | +91-11-23095310 | Shekhar[dot]80[at]gov[dot]in |
| 2. | Shri Kuldeep, SO (RE) | +91-11-23095262 | Kuldeep[dot]bhardwaj[at]nic[dot]in |
| 3. | Shri Pranabh Kumar, SO (IG & JPC) | +91-11-23095241 | Pranabh[dot]kumar[at]gov[dot]in |
| 4. | Shri Vishal Kaushik (ASO) | +91-11-23095262 | Vkaushik[dot]1718[at]gov[dot]in |
| IFSCA | |||
| 1. | Ms. Shashi Kajle (Director) | +91-11-23092744 | shashi[dot]kajle[at]gov[dot]in |
| 2. | Shri Saurabh Bhargava (DD) | +91-11-23095103 | s[dot]bhargava[at]gov[dot]in |
| 3. | Ms. Arushi Yadav (AD) | +91-11-23095003 | Arushi[dot]yadav[at]gov[dot]in |
| 4. | Ms. Neha Tomar, SO | +91-11-23095103 | neha[dot]tomar91[at]gov[dot]in |
| Coordination Section | |||
| 1. | Shri Jasvinder Singh (Deputy Secretary) | +91-11-23095222 | jasvinder.s[at]nic.in |
| 2. | Mrs. Rupinder Kaur (US) | +91-11-23095080 | rupinder[dot]kaur48nic[dot]in |
| 3. | Shri Pranabh Kumar (SO) | +91-11-23095241 | Pranabh[dot]kumar[at]gov[dot]in |
| 4. | Mrs. Alpana Bhagat (ASO) | +91-11-23095047 | alpana[dot]bhagat[at]nic[dot]in |
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