SEBI Launches Chatbot “SEVA” for Investors.
The Securities and Exchange Board of India (SEBI) has unveiled a sophisticated new tool for investor assistance: a chatbot named "SEVA," which stands for SEBI’s Efficient Virtual Assistant. This innovative initiative represents a strategic move by SEBI to enhance the accessibility and efficiency of investor services through advanced technology.
Purpose and Functionality:
SEVA is designed to serve as a digital assistant for investors, providing instant, accurate, and user-friendly responses to a wide range of queries related to the securities market. Its primary function is to assist users in navigating the complexities of investment processes, regulatory requirements, and market regulations. By leveraging artificial intelligence and machine learning, SEVA can handle numerous inquiries simultaneously, ensuring that investors receive timely support.
