Capital market and Commodity regulator SEBI's
investor grievance redressal rate dipped to 56% during the 2015 April-June
quarter of the financial year from 76% in the same period a year ago.
The cumulative number of investor grievances
received by SEBI was 8,703 at the end of June quarter (2015), out of which
4,836 complaints were resolved -resulting into a redressal rate of about 56%.
SEBI had received 8,749 complaints during the
June quarter last year.
Of these, the market watchdog had successfully
redressed 6,670 grievances translating into a redressal rate of 76%.
The Q1 2015-16 redressal rate is also lower than
62% recorded during quarter ended March 30, 2015.
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