Kumar inaugurated the new office of SEBI here in presence of SBI Chairman UK Sinha and state Finance minister Abdul Bari Siddiqui. CEO of Bombay Stock Exchange Ashish Chauhan was also present on the occasion.
In his address, the Bihar CM said that youths of the state had tremendous talent and there was plenty of money with people but in the absence of proper awareness about investment, citizens of the state did not had a knack for financial investment.
Expressing anxiety over unauthorised investment institutions luring hapless citizens to spend money in their ponzi schemes and ultimately losing their hard-earned money, Kumar urged SEBI to control operation of such illegal financial institutions.


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