SEBI Chairperson Madhabi Puri Buch announced plans to revolutionize IPO processing at FICCI's 21st Annual Capital Market Conference on Friday. SEBI is developing AI-powered IPO document processing and template filing for submissions. Will this innovation reduce processing time and simplify the filing process? Stay tuned for more insights. #SEBI #IPO #documentfiling #processvideo #artificialintelligence #AI | ET NOW

At the Global Fintech Fest 2024, SEBI Chief Madhabi Puri Buch highlighted how the Indian market regulator is leveraging AI to expedite the approval process for new IPOs. She emphasized that when Fintech firms feel ready to go public, SEBI should ensure swift approvals. To address delays in IPO application approval, SEBI introduced AI-based technology to track the aging of applications. As a result, the number of pending IPO applications has significantly decreased, from a large backlog to just e