As per latest World Bank report, India is the 13th best country in the world when it comes to protecting the interests of minority investors in companies. In fact, India is ahead of many developed nations, including USA (36th rank), Japan (57th) and Germany (61st). Hence, thanks to our Financial Regulators, we have come a long way since the times of Harshad Mehta scam in 1992 and Ketan Parekh scam in 2001. Therefore, if you are avoiding investing in stocks (or stock mutual funds) due to fear of scams in our stock market, you are ignoring one of the best avenues for investment in India now!
